Realty index slips 6%; DLF, Oberoi Realty, Godrej Properties down up to 8%

Despite the over 10 per cent correction from its 52-week high, the BSE Realty index has outperformed the market by surging 57 per cent thus far in the calendar year 2021

Housing market, Homes, Real estate, Realty
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SI Reporter Mumbai
Shares of real estate companies were under pressure in trade on Friday, with the S&P BSE Realty index slipping nearly 6 per cent. The new virus variant added to concerns about growth and interest rates going forward.

At 11:04 am; the S&P BSE Realty, the top loser among sectoral indices, was down 5.5 per cent, as compared to 2.3 per cent fall in the S&P BSE Sensex. With Friday’s fall, the realty index has plunged 13 per cent from its 52-week high level of 4,464 touched on November 9, 2021.

Among individual stocks, DLF, Phoneix, Oberoi Realty, Indiabulls

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First Published: Nov 26 2021 | 11:27 AM IST

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