A maturing market amid the mayhem
Realty stocks fall
It was a tough day for those who invest in real estate stocks as the BSE Realty index fell 4.76 percent on Friday, in a Mumbai market that fell more than 400 points.
Sobha Developers was worst hit in the sector, ending down 6 percent. Unitech shares fell 5.9 percent, while DLF slipped 5.46 percent.
Credit Suisse on Friday downgraded DLFto underperform from neutral, citing continued weak operating performance in the September quarter.
Will you take advantage of this fall and invest in this sector?