HDFC Securities
Top Sells: Kolte Patil Over last 3M, BSE Realty index has outperformed Sensex by 22.7%. Our channel checks suggest weakness in NCR markets, stability in Western and Southern markets. Investors demand has evaporated post Demonetization and RERA has brought all buyers at same level. This has led to markets being largely end user driven. We believe that next triggers for volume uptick will come from price correction.
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