Tag: stocks

Real estate market set for a comeback: 5 promising stocks from the sector

The Nifty Realty Index has substantially underperformed the Nifty 50 Index over the past one, two and five years. The difference in their point-to-point returns (Nifty Realty Index minus Nifty 50 Index) stood at -11.9%, -20.9% and -48.8% respectively in the past one, two and five years. However, recent numbers…

Real estate stocks rally on GST rate cut boost

NEW DELHI: Most real estate stocks were trading higher in early trade on Monday after the GST Council on Sunday cut tax rates on under-construction flats to 5 per cent and affordable homes to 1 per cent, effective April 1. The Nifty Realty index was trading 2.25 per…