India Realty Stocks Surge on Rate Cut

  Published 1 year ago

Indian realty stocks (NIFTYREAL) jumped 1.1% after the central bank unexpectedly cut the key lending rate by 50 bps to 5.5%. The Nifty Realty index is the top sectoral gainer, though still down 5% YTD.

  • Rate cut fuels optimism for the sector.
  • Realty index outperforms post-decision.
  • Stocks across the index show gains.

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