Majority of realty stocks turn into multibaggers; top stock Sobha delivers towering 5x returns!
Majority of realty stocks turn into multibaggers; top stock Sobha delivers towering 5x returns!

Majority of realty stocks turn into multibaggers; top stock Sobha delivers towering 5x returns!

What’s more striking is the fact that the majority of real estate stocks have been multi-baggers, barring one stock

DSIJ Intelligence-3 Article rating: 4.8

In fact, in the last two trading sessions, the sector gained nearly 4 per cent while on an MTD basis, it delivered an eye-popping return of 13.21 per cent and has been the show-stopper.

Stocks below Rs 100: Only buyers seen in these scrips on April 29
Stocks below Rs 100: Only buyers seen in these scrips on April 29

Stocks below Rs 100: Only buyers seen in these scrips on April 29

Nasdaq index, which is tech-heavy rose up to 3 per cent on Thursday due to positive earnings updates from major tech companies like Amazon and Apple.The crude oil price is up and is trading at $106.7 per barrel while the US Bond yields are lower at 2.85 per cent.

DSIJ Intelligence Article rating: 4.6

At noon on Friday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally on the higher side.  Nasdaq index, which is tech-heavy rose up to 3 per cent on Thursday due to positive earnings updates from major tech companies like Amazon and Apple.  

Overnight Digest: Stocks likely to be in focus on February 7
Overnight Digest: Stocks likely to be in focus on February 7

Overnight Digest: Stocks likely to be in focus on February 7

On Friday, auto, PSU Bank and realty indices were down 1-2 per cent, while metal index shined gaining over 1 per cent. BSE midcap index fell 0.68 percent and smallcap index shed 0.45 per cent.

DSIJ Intelligence Article rating: 4.2

On Friday, the benchmark indices ended the week in red in the volatile session on with selling seen in the PSU Bank, auto and realty stocks.

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