Money on the markets

A maturing market amid the mayhem

Realty index rises in weak market

February 24, 2010
Realty index rises in weak market
The BSE real estate index gained nearly 1 percent on Wednesday even as the overall market ended 30 points lower.
Indiabulls Real Estate led the realty index and posted gains of over 4 percent. Parsvnath ended nearly 3 percent higher.
Top realty firm Unitech rose 2.3 percent, whereas DLF ended marginally in red.
The realty index is down over 8 percent this month. Would you invest in this sector now or wait for the budget on Friday?

The BSE real estate index gained nearly 1 percent on Wednesday even as the overall market ended 30 points lower.

Indiabulls Real Estate led the realty index and posted gains of over 4 percent. Parsvnath ended nearly 3 percent higher.

Top realty firm Unitech rose 2.3 percent, whereas DLF ended marginally in red.

The realty index is down over 8 percent this month. Would you invest in this sector now or wait for the budget on Friday?

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/
  •