Godrej Prop, Lodha, DLF others rise up to 4.3% as Nifty Realty Index gains 1.43% post RBI MPC outcome; Buy Sell or Hold?

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Key Points

Stock Market Today: Godrej Properties, Mahindra Lifespace, Lodha, DLF others rise up to 4.3% as Nifty Realty Index remains the largest gainer, up 1.43% post RBI MPC outcome, that kept interest rates unchanged..

Lodha (Macrotech Developers) , Suntech Realty others saw their share prices rise up to 4.3% as Nifty Realty Index rose 1.43%..

Notably Nifty Realty Index was the largest gainer post Reserve Bank of India (RBI's) Monetary Policy Committee (MPC) kept interest rates unchanged..

During FY24 the real estate stocks as Mahindra Life Space developers, Godrej Properties , DLF , Oberoi Realty , Brigade Enterprises, Lodha (Macrotech Developers) , Suntech Realty and others surged leading to an astounding 132.5% return by the index and was among the best-performing sectors of the year..

In a recent report analysts at Jefferies India Pvt Ltd report said that Developers like DLF , Prestige Estate Projects, and Lodha (Macrotech Developers) have already guided for a 15-20% pre-sales rise in FY25..