A maturing market amid the mayhem
Realty stocks end lower
It was not a great day for markets and real estate stocks especially, as the sectoral index slipped 3.84 percent.
Indiabulls Real Estate ended down 5.86 percent, followed by DB Realty which slipped 4.6 percent.
Top firms like Unitech and DLF also ended lower, losing 4.5 percent and 3.5 percent respectively. Real estate firm Unitech has a telecoms joint venture with Norway’s Telenor.
Would you take advantage of this fall and enter this sector? Or will you stay away?