Indian real estate stocks experienced notable selling pressure this week, with the BSE Realty benchmark index dropping by 9.4%, significantly underperforming the broader market. Despite a recent RBI rate cut aimed at boosting economic growth, global trade tensions, foreign investor outflows, and weak corporate earnings weighed on market sentiment.
Probal Sen flags muted quarter for Reliance as O2C weakness weighs
Reliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numbers. While retail and telecom offer stability, energy business