In the past one month, the realty index has tanked 8 per cent, as against 2 per cent rise in the Nifty 50.
Realty developer Anant Raj has signed an MoU with the Andhra Pradesh government to invest Rs 4,500 crore in a data and cloud services centre, a move expected to create nearly 16,000 jobs
Stocks to watch today: Oil India, KEC International, JD Cables, and Anant Raj among otherer top stocks to watch today.
Real estate stocks fell up to 5% as investors booked profits. A dip in foreign capital inflows and global headwinds also weighed on sector sentiment
The company's board approved the floor price for the issue at ₹695.83 per share, translating to a discount of 5.4 per cent from the previous day's close at ₹736.3 per share
Real estate sector/stocks: The Nifty Realty index has slumped nearly 14 per cent so far in 2025 (till Sept 15), in sharp contrast to the 6 per cent gain in the benchmark Nifty50 index.
Real estate stocks gained up to 4% today with Anant Raj, Prestige Estates, Sobha, Godrej Prop, DLF among top gainers. Nifty Realty index has outperformed Nifty50 since PM Modi announced GST reforms
Anant Raj's move follows ambitious plans by India's top business houses Adani Group and Reliance Industries Ltd. to expand their footprint