BSE Realty Index Worst Hit
Tuesday, March 04, 2008With the slowdown in Real Estate sector a reality, BSE Realty Index is the worst hit in the recent stock market meltdown. Today speculative stocks without any significant Landbank nor projects such as Akruti, IndiaBulls Real Estate, Peninsula, IVR Prime, etc have taken a severe beating.
Leading Realty companies are also down. DLF and Unitech are down by 3.5% while HDIL is down by 7%. Some companies like Omaxe, Ansal Infra / API, IVR Prime have already fallen by 50% since Jan-08.
Recent Corporate Earnings / Breaking News
- GDP for 3QFY08 Declines
- Reliance Communcations BIG TV DTH Rollout
- Budget 2009 - First Look
- Nothing major for IT sector in India budget
- Leading Equity Brokerage Houses
- Railway Budget Impact on Industry
- Bajaj Auto Skids out of NIFTY
- SEAMEC Result Analysis
- Amtek Auto enters MOU with American Railcar
- Bajaj Auto Demerger Details
