NSE Realty

HSBC Lowers Target Prices for Indian Realty Firms Amid Potential Market Peak

HSBC has recently adjusted its outlook on India's residential real estate sector, signaling a potential peak in the market. This reassessment has led to reduced target prices for prominent developers such as Godrej Properties, Oberoi Realty, Prestige Estates, and Sobha Developers. The NSE Realty Index has experienced a significant decline of 23% year-to-date, markedly underperforming the Nifty 50, which...

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