For the second day in a row, the BSE Realty index was the highest sectoral gainer registering a cumulative uptick of about six per cent. Gains for the index today were led by Phoenix Mills and Oberoi Realty, which were up 11 per cent and five per cent respectively. The gains for the realty sector has been on the back of improving trend of residential sales, lower inventory, improving balance sheets and market share gains from the unorganised segment.
DLF, the largest listed realty player too has seen smart gains moving up seven per cent in two trading sessions and