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Realty shares zoom ahead of RBI monetary policy decision
NF Times
|June 07. 2025
(RNS, 06-06-25) Real estate stocks jumped as much as 10% on Thursday in anticipation of the RBI's Monetary Policy Committee (MPC) decision, scheduled for Friday.
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Market expectations are tilted toward a 25-basis-point repo rate cut, along with a continued accommodative stance—a positive signal for rate-sensitive sectors like real estate.
The Nifty Realty index was the top-performing sectoral index on Thursday, climbing up to 2% in intraday trade before settling 1.75% higher.
Since May 9, the realty index has surged more than 20%, outpacing the 3% gain made by the benchmark Nifty50 index.
Meanwhile, India’s equity market extended gains on Thursday as the BSE Sensex surged 443.79 points or 0.55% to close at 81,442.04, and the NSE Nifty50 advanced 130.70 points or 0.53% to settle at 24,750.90.
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