Realty stocks drop the most on BSE

The realty, metals, capital goods and oil and gas sectors suffered the most on the Bombay Stock Exchange (BSE) as an all-round selling pressure gripped the market.

The BSE Sensex reported the third-biggest fall in absolute terms, down 3.96 per cent or 615.22 points, and closed at 14,935.77 points.

The newly launched real estate sector, Realty Index, was the largest loser, declining by 6.64 per cent or 521.54 points to close at 7,332.51 against Monday's close of 7,854.05 on the BSE. 

BSE SECTORAL INDICES
	26-Jul-07	01-Aug-07	% chg
Realty	8257.48	7332.51	-11.20
Metal	12139.71	11071.28	-8.80
Oil & Gas	8325.19	7772.65	-6.64
Auto	5096.44	4771.54	-6.38
Tech	3914.22	3668.70	-6.27
IT Sector	5001.24	4711.32	-5.80
PSU	7277.45	6884.25	-5.40
Cons. Durable	4224.48	4005.66	-5.18
Healthcare	3788.36	3598.23	-5.02
Bankex	8185.52	7828.46	-4.36
Cap Goods	13247.03	12697.41	-4.15
FMCG	1930.08	1926.21	-0.20

The newly listed Housing Development Infrastructure was down 10 per cent, while Indiabulls Realty, Parsvanath and Peninsula Land declined by around 9 per cent each.

The Metal Index was the second largest loser, which fell by 4.81 per cent or 559.64 points from 11,630.92 to close at 11,071.28 points. The Capital Goods Index declined 4.70 per cent to close at 12,697.41 points (13,321.78) and the Oil and Gas Index lost 4.40 per cent at 7,772.65 points (8,130.50).

The Consumer Durables Index (3.99 per cent), Bankex (3.93 per cent), Tech Index (3.72 per cent), Auto Index (3.29 per cent), Healthcare Index (3.23 per cent) and IT Index (3.11 per cent) fell over 3 per cent each, while the FMCG Index, which was the least affected, declined by 2.38 per cent.

The Realty Index fell by 11.20 per cent or 924.97 points in the last three trading days from 8,257.48 points compared with 5.33 per cent (615.22 points) decline in the Sensex.

The Metal Index (8.80 per cent), Oil and Gas Index (6.64 per cent), Auto (6.40 per cent) and Tech Index (6.30 per cent) fell over 6 per cent each in last three days.