Real estate stocks biggest losers in market correction since August
Thursday, October 18, 2018, 12:55 PM
Realty stocks have eroded nearly 25%, the most among sectoral indices, since the correction in the Indian stock market started in late August. The change of stance on interest rates and tightening liquidity for NBFCs hit the sector, which had just started seeing a recovery. In fact, all the 10 components of the BSE Realty Index have lost value since then.