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India: Reality check on realty stocks: time to buy?

Posted on 15 July 2010

From Indiatimes.com: The unabated flow of funds from foreign institutional investors has driven Indian stock markets to 52-week highs. The rally has been led by realty stocks with the BSE Realty Index outperforming all other sectoral indices.
However, there are concerns whether the rally will continue as the Reserve Bank of India is widely expected to raise its key interest rates to contain inflation in its policy review later this month. This may be negative for rate sensitive sectors……………………………………….Full Article: Source


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