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Crude-Driven Inflation Worries Trigger Nifty Realty's Nearly 2% Drop; Godrej Properties, Prestige Shares Decline Up To 4%
Nifty Realty Plunges 2% Amid Inflation Fears; Godrej, Prestige Down 4%
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Moneycontrol
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06-03-2026, 13:48
Nifty Realty Plunges 2% Amid Inflation Fears; Godrej, Prestige Down 4%
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Nifty Realty index fell nearly 2% as real estate stocks faced selling pressure on Friday.
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Godrej Properties, Prestige Estates, and Lodha Developers dropped up to 4%.
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Rising crude oil prices and inflation concerns weighed on interest-rate-sensitive sectors.
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Only Sobha and Oberoi Realty showed marginal gains; broader market also declined.
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The sector faces sustained pressure, down 9.8% in a month, amid macro uncertainty.
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