Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
Budget might turn out to be neutral for the sector.
Listed realty developers saddled with unsold properties worth Rs 1 trillion
Experts attribute this to new launches in anticipation of a demand revival after the 2014 general elections.
Investors booked profits at higher levels despite the growth oriented Budget.
The S&P BSE Midcap and the S&P BSE Smallcap indices added 0.5% and 0.7%, respectively
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances