Realty index zooms 25% in 4 days; DLF m-cap crosses Rs 1 trillion

DLF, Godrej Properties and Oberoi Realty have rallied between 30 per cent and 41 per cent in the past four trading days

Shares of real estate companies extended their gains into fourth straight day with the S&P BSE Realty index surging 25 per cent during the period on strong demand ahead of festive season. Among individual stocks, DLF, Godrej Properties and Oberoi Realty have rallied between 30 and 41 per cent during the period under study.

At 01:22 pm, the S&P BSE Realty index was up 1.5 per cent as compared to a 0.17 per cent rise in the S&P BSE Sensex. The index hit a fresh 10-year high of 4,067.71 in Friday’s intra-day trade on the BSE. Individually, DLF's market capitalisation