Realty stocks surge as govt rolls back indexation proposal on real estate
BSE realty index surged over 3% today, led by sectoral heavyweights such as Lodha, DLF, Oberoi Realty, Godrej Prop, Prestige, and Sunteck Realty.
BSE realty index surged over 3% today, led by sectoral heavyweights such as Lodha, DLF, Oberoi Realty, Godrej Prop, Prestige, and Sunteck Realty.
The rate-sensitive stocks witnessed choppy trade after the RBI policy announcement, with auto realty, and bankex indices sliding up to 1%.
The stock markets slipped in red after the RBI announced rate hike, led by interest rate sensitive realty stocks.