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Downfall still continues for realty and banking

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Looking to the deteriorating situation of the realty segment, Reserve Bank of India has initiated many measures like rate cut and increased the cash reserve ratio. But according to the sources of www.propertykhazana.com no sign of growth in the investors been observe despite all such supportive measures to the realty industry and banking sectors. Investors are still keeping themselves away from these counters, as the air is still uncertain due to low sell rates of properties.
The scene of the stock room is same as before as 14 banking stocks are struggling in the red zone along with the other major giants of the Indian realty. A pioneer of Khandwal Securities states that the “market is still lying low due to lack of interest among the investors and need much more assurance from the concerned authority to bring back the glory of the banking and realty business”.
Sources of www.propertykhazana.com also reveals that the among the last time losers in the banking includes ICICI bank which is trading at Rs 368.1 at a low of 7.04 percent where as HDFC manages at Rs 935.75 downing by 7.48. Further in realty Unitech came deep with 11.34 at Rs 40.56 and India bulls is on Rs 101.87 with 6.87 falls. For more details please visit www.propertykhazana.com.
Source: NBTVLIVE

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