Realty Stocks Slide as Geopolitical Tensions Spark Profit Booking
The Nifty Realty Index plunged 10.63% from its April high as escalating Indo-Pak tensions triggered broad profit booking in the sector. On May 9, 2025, major realty stocks were among the worst performers, with LODHA falling 4.15%, DLF down 3.56%, and GODREJPROP slipping 1.47%. Other real estate stocks also saw declines reflecting investor concern over geopolitical uncertainty and its potential impact on consumer sentiment and investment in the property market. Realty emerged as the worst-performing index for the day down 2.38%, as market participants moved funds to safer, defence-related sectors.
Disclaimer: This post is for informational purposes only and does not constitute investment advice.
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