Realty Stocks Tumble as Block Deals Worth ₹3,400 Crore Shake Lodha and Oberoi
The Indian real estate sector witnessed a sharp downturn, triggered by massive block deals in two of its biggest players, Macrotech Developers (Lodha) and Oberoi Realty. Over ₹3,400 crore worth of shares changed hands, sending the stocks and the entire Nifty Realty index tumbling.
By Praveen Yadav