Ajmera Realty shares rose 4 per cent after it launched a premium and mid-segment residential project and recorded an 81 per cent sell-out within hours
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
Technical charts suggest that Bank Nifty may exhibit range-bound trade in the near-term; Auto index may ride to new highs, while Realty index could see sharp swings in the coming months.
The key trigger for the sector and listed companies are trends in housing sales. Data on this front does not look favourable
Puravankara shares logged their steepest intraday fall since June after reporting a loss of ₹68 crore in Q1FY26
Nomura, HSBC, Nuvama, JM Financial dissect realty major DLF's June quarter results and revise their target price on the counter.
Godrej Properties shares rose 2 per cent after the company reported a 15.4 per cent Y-o-Y growth in net profit in Q1FY26
Keystone Realtors shares rose 10 per cent after it secured a cluster redevelopment project in Andheri West with a GDV of ₹3,000 crore
The market breadth turned positive, with 1,510 out of 2,947 traded stocks on the NSE ending in the green, while 1,373 closed lower and 64 remained unchanged
The Sensex settled at 81,596.63, up 410.19 points or 0.51 per cent, while the Nifty50 closed at 24,813.45, gaining 129.55 points or 0.52 per cent
On the Sectoral front, Nifty IT emerged as top loser down by 1.37 per cent after Moody's downgraded the US government's credit rating on Friday
On Wednesday, the BSE Sensex closed at 80,746.78, up 105.71 points or 0.13 per cent from its previous close, and 809.3 points or 1.01 per cent higher from its intra-day low of 79,937.48
BSE Realty Index rose as much as 3.66 per cent to 6,989.6 on Wednesday, the best session for the index since April 15
The Nifty Realty index has shed 25% thus far in 2025; technical chart suggests the index can potentially slide another 19% from here on. Check key levels on top 5 realty stocks here.
Oberoi Realty, Godrej Properties, Prestige Estates were down over 3 per cent, Macro Tech Developers, Phoenix Mills, DLF, Sobha, and Brigade Enterprises slipped 2 per cent
Banking stocks-led the rally with NSE PSU Banks surging up to 3 per cent. In addition, the Nifty Realty index jumped 1.79 per cent and Nifty Oil & Gas surged nearly 1.5 per cent.
Nifty Realty Index -- the gauge for stocks of real estate companies -- has surged 10.2 per cent, so far, this week
The Nifty Realty index has plunged 29% from its peak, and is seen testing support at its 100-WMA for the first time since April 2023. Here are the key support levels to watch out for.
Shares of Phoenix, Macrotech Developers, Sobha, Brigade, Raymond, DLF, Oberoi Realty, Prestige Estates Projects and Godrej Properties were down in the range of 4 per cent to 9 per cent
HDFC Securities maintains a positive outlook on the overall residential real estate market, driven by robust end-user demand and the strong execution capabilities of established players