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After reaching for the sky, realty stocks trip on ground realities
The BSE Realty index has declined 19% year-to-date, compared to a 7% drop in the benchmark Sensex. In contrast, the index had surged 79.5% in 2022 and 33.1% in 2023, significantly outperforming the benchmark returns of 18.7% and 8.2%, respectively.
The BSE Realty index has declined 19% year-to-date, compared to a 7% drop in the benchmark Sensex. In contrast, the index had surged 79.5% in 2022 and 33.1% in 2023, significantly outperforming the benchmark returns of 18.7% and 8.2%, respectively.
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