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Flop show by major realty companies and banking stock at Dalal Street

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Stocks of leading banks and realty companies showed a flop show at Dalal Street at the end of the trade with Sensex loosing more than 350 points and the shares of Unitech plummeted with six percent, while other companies loosed with 2-8 percent. Further, shares of DLF traded with loss of more than 3 percent down at 3675 points and similarly, Parsvanath Developers shares were down by 4.35 percent at Rs. 117 crores, adds the Dalal Street reports at www.propertykhazana.com.
The major realty losers list includes many other leading realty tycoons which witnessed a severe fall in the stock market. In the meantime, stocks of banking were not diverse and followed the same of realty firms and the banking shares were under rigorous pressure for the second straight session. The Bombay Stock Exchange plunged by 355 points at 15,160 points. As per the source saying at the www.propertykhazana.com all the multi national banks saw a downfall ranging from 2.5 percent to 4.0 percent.
Source: NIMMA BENGALURU

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