Nifty Realty index is 26 percent down from its 52-week high level while Nifty has fallen 13 percent from its all-time high. Some realty stocks such as Indiabulls Real Estate and Godrej Properties are down 46 percent and 44 percent, respectively, from their 52-week highs.
Realty stocks down up to 46% from their 52-week highs
Updated: 08 Mar 2022, 02:07 PM IST
TL;DR.
Realty stocks have been under pressure in the recent past as investors remain cautious about elevated inflation and the possibility of an imminent rate hike.
First Published: 07 Mar 2022, 03:38 PM IST