Realty stocks jump over 7% after RBI MPC leaves repo rate unchanged

Realty stocks jump over 7% after RBI MPC leaves repo rate unchanged

Realty stocks jumped up to 7.2% on Friday after the rate-setting committee of the Reserve Bank of India (RBI) left the repo rate unchanged for the seventh time in a row. Mahindra Lifespace Developers gained the most in the Nifty Realty index. The other top gainers were Godrej Properties, Oberoi Realty, DLF, Brigade Enterprises, Macrotech … Read more

Realty index closes at 15-year high, ‘stocks a buy on dips’

Realty index closes at 15-year high, ‘stocks a buy on dips’

Mumbai: Real estate stocks were among the top performers on Thursday as the bullish momentum in the sector drove the share prices of many of them to record levels. The Nifty Realty index soared 6.76% – its largest single-day jump since September 2021 – to its highest closing in 15 years as against the Nifty’s … Read more

Nifty Realty Index soars 25% in 3 sessions. What’s driving this rally

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NEW DELHI: Realty stocks were on a roll on Thursday amid reports of higher expected property registrations in September and the stamp duty cut in Karnataka. Shares zoomed as much as 17 per cent during the session. A fresh round of rate cuts on home loans by mortgage lender HDFC and top lenders like Kotak … Read more