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Realty index gains 4% on strong buying in Oberoi, Sobha, Lodha and DLF

· Business · Business Standard

The BSE Realty index jumped 4% on Tuesday, with Oberoi Realty, Sobha and Lodha leading gains of over 5% each. DLF surged close to its 52-week high amid broad buying across the sector. The rally was driven by strong momentum in key realty stocks, with the index crossing significant intra-day highs.

Why it matters

Investors and sector players gain from the renewed momentum in Indian realty, as the index-wide rally signals renewed confidence in the sector ahead of upcoming real estate launches and sector-specific triggers.

Read the original report — Business Standard

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