Money on the markets

A maturing market amid the mayhem

Realty Index gains

July 20, 2010

INDIAThe BSE Realty Index ended higher in a lackluster market as weak global cues continued to dampen sentiments at higher levels.

Some buying was seen in realty stocks and the sector remained the top performer among BSE sectoral indices.

Unitech (up 2.3 pct), Sobha Developers (up 3 pct) and DLF (up 2 pct) were among the leaders in the BSE Realty Index. Unitech was also among the top traded stocks on the BSE with volumes of 5.3 million shares.

The sector has dropped over 11 percent so far this year. Do you think it is the right time to invest in realty stocks?

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