Year-ender 2020 | Nifty Realty remains an underperformer in 2020; will 2021 be different?
While most sectors rallied after the March selloff triggered by the outbreak of COVID-19, realty remained tepid and like PSU bank stocks, witnessed cold responses from investors. December 18, 2020 / 10:59 AM IST
The Nifty Realty pack, despite its recent gains, looks set to end the calendar year 2020 as an
underperformer but the road ahead too comparatively better, especially for a few players from the sector.
As of December 16 close, Nifty Realty is up just about 2 percent against a healthy 12 percent gain in the benchmark Nifty.
While most sectors rallied after the March selloff triggered by the outbreak of COVID-19, realty remained tepid and like PSU bank stocks, witnessed cold responses from investors.