Anant Raj board approves Aman Sarin's reappointment as MD, CEO & COO
Anant Raj said that its board has approved the re-appointment of Aman Sarin as managing director, chief executive officer (CEO) and chief operating officer (COO) for the five years with effect from 1st January 2026.
Anant Raj is a diversified real estate company focused on developing IT parks, hospitality projects, data centers, office complexes, shopping malls, and residential projects in India. The company has a strong presence in Delhi, Haryana, Andhra Pradesh, Rajasthan, and other parts of the NCR region.
The company reported 51.5% increase in consolidated net profit to Rs 118.64 crore on a 22.2% rise in net sales to Rs 540.65 crore in Q4 FY25 as compared with Q4 FY24.
Shares of Anant Raj rose 0.23% to Rs 578.45 on the BSE.
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News18
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Nifty Tomorrow, June 16: How Will Israel-Iran War Impact Markets? Experts Analyse, Give Key Levels
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Support level is the price where a stock usually stops falling, while resistance level is where it often struggles to go higher. In other words, support is like a floor where prices tend to bounce up, and resistance is like a ceiling where prices often get stuck. Choice Broking said the Nifty has immediate support at 24,600 and 24,400, which could offer strong buying opportunities for traders on dips. On the upside, resistance is seen at 24,800 and 25,000, with the latter acting as a key hurdle. 'A sustained breakout above 25,200 could trigger a bullish rally, potentially targeting 25,500 and 25,700 in the coming weeks," it added. Market Volatility The India VIX, a key indicator of market volatility, surged by 7.60% to close at 15.0800 on the daily timeframe, reflecting a rise in market nervousness and indicating the possibility of heightened volatility in the near term. 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However, the sideways movement suggests a phase of consolidation, potentially leading to a time-wise or price-wise correction as the index awaits fresh cues for the next directional move. 'The Bank Nifty index is likely to face significant resistance in the 56,000–56,500 range. If the index continues to move higher, HDFCBANK from the private banking sector is expected to support the uptrend. Similarly, in the public sector banking space, SBI is anticipated to show strength," it added. Markets Last Week The Indian equity markets ended the week sharply lower, with the Nifty 50 and the Sensex slipping nearly 1% to close at 24,718 and 81,118, respectively. The decline was mainly due to rising geopolitical tensions after Israel launched an airstrike on Iran's nuclear facilities, raising fears of a wider conflict. top videos View all Brent crude surged up to 12% to nearly $78 per barrel, triggering inflation concerns for India, a major oil importer. Higher oil prices also dimmed hopes of a US Fed rate cut ahead of its meeting next week. Further rattling global markets were renewed tariff threats by US President Donald Trump, effective July 9, sparking fears of a trade war. Foreign investors sold Indian equities worth Rs 1,246 crore, but strong domestic institutional buying of Rs 18,637 crore helped cushion the fall. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : Nifty 50 sensex Location : New Delhi, India, India First Published: June 15, 2025, 15:44 IST News business » markets Nifty Tomorrow, June 16: How Will Israel-Iran War Impact Markets? Experts Analyse, Give Key Levels
Time of India
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