According to Hotel Leela Venture, the transaction includes assignment of all hotel management contracts currently in operation as well as all under-development.

Following the announcement, shares of Bombay Dyeing surged as much as 10.95 per cent to touch an intra-day trade high of Rs 147.90 apiece, against its previous close of Rs 133.30 on the BSE. The stock has gained upto 29 percent this month.

REIT is a company that owns, operates or finances income-producing real estate. Modelled after mutual funds, REITs provide all investors the chance to own valuable real estate, and earn dividend-based income and total returns.

It is imperative to be aware of the inconsistent and unpredictable nature of markets and make investment decisions in a rational and disciplined manner.

Dilip Buildcon share price rose up to 7.24% to 600.90 compared to the previous close of 560.35 on BSE. Dilip Buildcon share price opened at 568 level on BSE.

\"Our quarterly sales bookings are around Rs 600 crore. So, we should exceed our sales guidance of Rs 2,000-2,250 crore for this financial year,\" DLF group CFO Ashok Tyagi said.

The decision is expected to boost demand and increase sales of under-construction properties as well as simplify tax structure and compliance for builders.

Real estate sales growth has been hovering around 6 to 7 per cent for some years, with high unsold inventory that will require 40 months to clear up.

Sectorally, auto, banking, agriculture, and FMCG stocks rallied as budget measures are expected to provide a boost to sectors in domestic consumption like automobiles, consumer staples and durables, real estate, building materials, home improvement and retail-focussed banking and financials.

During the session, the BSE benchmark Sensex swung over 260 points both ways on alternate bouts of buying and selling by participants.

So the much talk about tax rates - slab change if comes into effect can flood the market with liquidity and certainly consumption based stocks. Automobiles, and to an extent, the Real estate sector will see direct effect of income tax relief.

2019 could be a good year for investing in equities.  At the beginning of 2018, there was unbridled optimism, in contrast to the beginning of 2019. It is said that to make a bull market, you need to climb a wall or worry.