Realty, consumer durable sectors outperform, up over 100% in CY17

Contrary to expectations that demonetisation and implementation of the goods and services tax (GST) bill will dent the fortunes of consumer durables sector and realty sectors, both indices have maned to outperform the markets during calendar year 2017 (CY17).
 
While the S&P BSE Consumer Durables index gained 101% during CY17, the S&P BSE Realty index rallied 106% during the same period. By comparison, the S&P BSE Sensex moved up over 28%.
 
Analysts attribute the sharp run-up in the consumer durables space to a normal monsoon, leading to a healthy demand. The real estate sector, on the other hand,