Indian real estate stocks faced sharp selling pressure this week, making them the biggest losers in the market as the BSE Realty benchmark index tumbled 9.4%, significantly underperforming the broader BSE Sensex, which declined 2.47%. Despite the Reserve Bank of India’s (RBI) recent rate cut aimed at boosting economic growth, realty stocks failed to find … Read more
Mumbai: Shares of realty companies have been among the top performers in the recent bull cycle but with interest rates firming up of late, investors must be choosier about their picks in the sector. Analysts prefer leading property developers such as (Lodha), DLF, and at this juncture. The BSE Realty index is down 31% from … Read more
Mumbai: Real estate stocks rallied on Tuesday, backed by hopes of resumption of activity in the sector and the expectations of consolidation post Covid, which will reward stronger and established players. BSE Realty index was the top sectoral gainer, as it advanced 4.2 per cent. The index has risen 10.8 per cent over the last … Read more