Money on the markets

A maturing market amid the mayhem

Realty stocks struggle in trade

May 5, 2011

The BSE Realty index fell nearly 3 percent on Thursday as the overall market remained weak and the benchmark ended down for the 9th consecutive session.

Anant Raj Industries was the top loser in the index, dropping more than 4 percent. Unitech slipped 3.4 percent in trade. Phoenix Mills shares gained nearly 1 percent to end as the top gainer in the index.

Do you think it is time to invest in this sector? Or is the RBI rate hike going to hurt the space?

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