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Bad day for realty stocks

April 28, 2010

INDIA
The BSE realty index ended 3.5 percent lower while the broader index dropped 1.7 percent to 17,380 points.

Some of the other losers were Indiabulls Real Estate, which dropped 6.3 percent, Unitech which ended 3.9 percent lower, and HDIL which slipped 3.7 percent.

The Realty Index has dropped over 12 percent so far this year. Do you see a further decline in realty stocks?

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