DLF, Godrej Properties, and other realty stocks jump up to 13% in 3 days. Is the rally sustainable? (opens original article in a new tab)
Real estate stocks in India saw significant gains, with Nifty Realty rising 8% as analysts cite stable operations and valuations, though opinions vary on sustainability.
- Real estate stocks like DLF and Godrej Properties surged over 9% in two days
- Nifty Realty index rose 8% to cross 800, driven by stable operations and positive pre-sales
- Analysts note attractive valuations after a year-long decline but caution against blanket investment
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