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IT doomsday rub-off effect! Realty stocks fall up to 20% this year. Should you buy the fear?
Indian real estate stocks have fallen up to 20% so far this year as investors worry that AI-led disruption in IT sector could slow hiring and weaken housing demand in tech hubs such as Bengaluru. Experts say the AI narrative has become a key near-term overhang for the sector, prompting caution and raising the possibility of further consolidation in realty shares.
Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April
Stocks to Watch, 8 Apr: Stocks like Ashiana Housing, Infosys, GAIL India, Aurobindo Pharma, Biocon, Swan Defence and Heavy Industries, Prostarm Info Systems, Arvind SmartSpaces, Clean Max Enviro Energy Solutions, Aditya Birla Capital, Dredging Corporation of India, Aditya Birla Real Estate, and ICRA will be in focus on April 8.