Pressure was more pronounced in the broader markets, with small-cap shares falling the most
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
Analysts recommend placing bets on rate-sensitives, hospitals, and power utility stocks
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.
In the past one-month, the Nifty Realty and Nifty PSU Bank indices have underperformed the market by falling 14% and 8.7%, respectively, as compared to 1.6% fall in the Nifty 50
The Nifty Realty index has surged 14% in the last 7 trading days, with select stocks rising up to 27% in anticipation of a rate cut in the upcoming RBI Policy. Here's technical view on realty stocks.
Technical charts suggest that stocks such as Prestige Estates, Lodha and Sobha can fall up to 32 per cent from here on, while the Nifty Realty index can crack by another 14 per cent.
The BSE Realty index was trading at its lowest level since March 26, 2024, and has corrected by 23 per cent from its December 2024 high.
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
Among others, Godrej Properties and Macrotech Developers (Lodha) gained over 3 per cent. DLF and Phoenix Mills advanced over 2 per cent
The Nifty Bank, Nifty PSU Bank indices are likely to extend the pullback in the near-term; Auto index too seems favourably placed, while the Realty index remains on weak ground, shows technical charts
The analysts believe that factors like healthy leverage, an increased focus on business development, and the potential for interest rate cuts will boost sales in the city.
LTCG indexation amendment: Under the proposed amendment, home owners, planning to sell their property bought before July 23, 2024, can choose between the new and the old tax regimes
A major driver behind this rally, analysts said, is DLF's strong June quarter performance.
Technical outlook on NSE Nifty sectoral indices: Here's how the key sectoral indices are placed on the technical charts as the NSE Nifty 50 reaches within striking distance of the 25,000 landmark.
The Nifty-50 is expected to deliver 12% earnings growth in FY25 over a high base of FY24 (+26 per cent Y-o-Y), said Khemka.
The Nifty Metal Index is currently in a phase of consolidation, trading within a narrow range of 300 points, specifically between 9,700 and 10,000
Reports indicate that the Indian proptech market is projected to grow 9.6 per cent annually from 2021 to 2025, reaching a $100 billion valuation by 2030