Nifty Realty soars 10.5% in 8 sessions; records 17% gain in less than a month – here's why

Real Estate

Over the last one month, seven of the 10 constituents of the index have generated returns ranging from 4% to 15%. Godrej Properties tops the list, followed by DLF, Phoenix Mills, Macrotech Developers, Brigade Enterprises, Prestige Estates Projects, and Oberoi Realty.

Stocks to buy: Oberoi Realty, Asian Paints, L&T among 9 picks analysts recommend for short term

V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, pointed out that the trend reversal in Nifty, led by banking and metals, has more legs to go.

Technical View: Why Motilal Oswal believes its time to buy realty; Here are its 2 stock picks

According to domestic brokerage house Motilal Oswal, the Nifty Realty Index has formed a strong base and it has given a consolidation breakout of the last 11 years since 2011. It has successfully retested the same and started a fresh move towards higher levels.

Top Oberoi Realty News

markets

Nifty Realty soars 10.5% in 8 sessions; records 17% gain in less than a month – here's why

markets

Stocks to buy: Oberoi Realty, Asian Paints, L&T among 9 picks analysts recommend for short term

markets

Technical View: Why Motilal Oswal believes its time to buy realty; Here are its 2 stock picks