Money on the markets

Realty stocks struggle, Unitech falls 10.6 pct

Shares in Unitech, one of India’s leading real estate firm, fell 10.6 percent on Tuesday to close at 43.05 rupees. The stock ended as the top loser in the BSE Realty Index.

Rival DLF shares ended 1.4 pct lower. DLF said it was cautious on the near-term outlook as rising interest rates could weigh on demand after the firm reported a marginal drop in quarterly earnings.

The BSE Realty Index lost more than 4 percent to end as the top sectoral loser.

Unitech shares have falled 35 percent in 2011. Do you think it is time to invest in this stock?

Real estate index rises

Stocks of real estate firms posted decent gains on Thursday, with HDIL standing out with a 9 percent jump.

The realty index closed 2.2 percent higher, topping the BSE sectoral indices table.

Top firms DLF and Unitech notched gains of 0.7 percent and 1.6 percent respectively.

The sectoral index has gained 12.4 percent this week. Do you think it is the right time to enter this sector?

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?

Realty stocks rise

The BSE Realty Index gained 2.7 percent on Friday and ended as the top sectoral gainer, with stocks such as DLF and Unitech posting smart gains.

DLF, India’s top listed firm, ended 5.2 percent higher at 365.65 rupees, while Unitech gained 3.14 percent. Sobha Developers topped the index with gains of 6.5 percent.

Only 4 stocks in the index closed in the red.

Would you invest in these stocks at their current levels?

The BSE Realty Index gained 2.7 percent on Friday and ended as the top sectoral gainer, with stocks such as DLF and Unitech posting smart gains.

DLF, India’s top listed firm, ended 5.2 percent higher at 365.65 rupees, while Unitech gained 3.14 percent. Sobha Developers topped the index with gains of 6.5 percent.

Only 4 stocks in the index closed in the red.

Realty stocks tumble

It was a tough day for real estate counters as the sectoral index dropped more than 3 percent and ended as the top loser among BSE indices.

All but one stock in the index closed in red, with Orbit Corp shares ending down 5 percent as the top loser. Indiabulls Real Estate slipped 3.8 percent.

Top listed firm DLF slipped 3.3 percent whereas rival Unitech slipped 3.6 percent.

Do you think the fall is an opportunity to enter this sector?

Realty stocks jump, Phoenix Mills gains 6.4 pct

Thursday proved to be a good day for realty counters with many, including Unitech, posting decent gains.

The star performer in the index was Phoenix Mills, which gained 6.4 percent.

Unitech, one of India’s top listed real estate firms, rose 2.8 percent while rival DLF ended marginally in the green.

Today’s good run helped prop up the realty index which ended 1 percent up and was the top sectoral gainer.

The index, which has risen 8.3 percent since July, is still down more than 10 percent for the year till date.

The main BSE sensitive index today hit a fresh 30-month high during trade.

Seeing the recovery in this sector, would you invest in any realty counter at this stage?

Real estate index tops sectoral gainers

Tuesday turned out to be a good day for real estate counters, with the sectoral index rising 2.6 percent, and all but one component closing positive.

Shares in HDIL jumped nearly 5 percent to end as the top gainer in the index. Bigger players like DLF and Unitech rose nearly 3 percent each.

Shares in Parsvnath Developers, the only loser in the index, closed down 0.8 percent.

The sector is perceived to be sensitive to interest rate movements, and a deputy RBI governor today hinted that rates could be hiked.

Would you take a chance and invest in this sector now?

Mixed luck for realty stocks

It was mixed luck for the realty sector at the markets on Friday, with some counters making good gains and some stalwarts closing in the red.

Puravankara and Parsvnath Developers rose over 7 percent and 4 percent respectively, while Indiabulls Real Estate, Unitech and Ansal Properties closed in the red, capping gains in the sectoral index which closed just 0.4 percent up.

Stocks in this sector have been battered of late, with the realty index down more than 11 percent since May. DLF has dropped a little over 9 percent, while Unitech is down nearly 16 percent over the same period.

Given that interest rates are expected to increase in the coming months, would you take advantage of this fall and invest in this rate-sensitive sector?

Weak day for realty counters

Realty stocks ended the week on a negative note with the sectoral index slipping 0.8 percent to end as the top loser among sectors.

Sobha Developers led the fall with a 3.4 percent decline, followed by Peninsula Land which fell 2 percent.

Top players DLF and Unitech slipped 0.8 and 0.3 percent respectively. Anant Raj Industries was the only stock in the index that closed in the green.

The Realty Index has gained 4.6 percent this month, which is almost the same as the Sensex’s growth during the period.

As per a recent Economic Times report, Karvy Stock Broking is negative on the real estate sector.

Will you invest in this sector at this juncture?

Realty index drops over 2 percent

Realty stocks fared poorly on Tuesday with the sectoral index slipping nearly 2.5 percent in an overall market that dropped nearly 200 points.

Anant Raj Industries ended as the top sectoral loser with losses of over 5 percent. Unitech followed closely with a drop of 4.3 percent. Shares in DLF, India’s top listed realty firm shed 2 percent.

Only three stocks in the index – Ansal Properties, Sobha Developers and Phoenix Mills – ended in the green.

The realty index has dropped over 10 percent in 2010 as compared to a near 7.5 percent fall in the BSE Sensex. Unitech has dropped 11.6 percent and DLF has slipped nearly 10 percent in the same period.

Would you take advantage of the fall and buy some stocks in this sector?