Money on the markets

A maturing market amid the mayhem

Realty stocks struggle

December 21, 2009

Realty stocks struggled in trade on Monday as the market ended weak after slipping over 100 points.

The BSE Realty index shed 1.2 percent, with leading firms Unitech and DLF losing over 2 percent each. The two led the list of losers.

Sobha Developers however rose 4 percent and led the gainers in the index.

The sector, which is considered sensitive to interest rate movements, has seen its index drop over 4 percent since November.

Do you think it is a good time to invest in this sector?

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •