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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?

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