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This is an archive article published on November 18, 2008

Realty stocks fall 5 per cent

Despite the RBI sops to housing finance companies, housing loans and commercial realty sector

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Despite the RBI sops to housing finance companies, housing loans and commercial realty sector on Saturday, realty stocks were biggest losers on Monday and fell by 5.17 per cent on the BSE following heavy capital outflows by jittery foreign funds on fears that deepening financial crisis would erode demand for property and hurt companies8217; earnings.

 

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