Real estate stocks fell as much as 5% on Tuesday, amid a carnage in the IT sector, which is facing an existential crisis in AI-led challenges. India’s technology sector is among the top employers and is linked to the demand for commercial real estate and urban housing.The Nifty Realty index fell 3% today to touch […]
Shares of Bengaluru-exposed real estate developers including Prestige Estates Projects, Oberoi Realty and Brigade Enterprises, and other real estate stocks fell as much as 4% on Friday, dragging the sector index down over 2%, as investors flagged emerging risks of potential AI-led disruptions in the technology sector.The sell-off reflects concerns that weaker prospects for the […]