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12-07-07
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BSE launched Realty Index
The Bombay Stock Exchange launched a "realty index" in the begining of this week, which will track price movements of real estate stocks.
The launch follows the entry of several new players, including DLF Ltd, India’s biggest real estate company, in the stock market. The base year for the index is set at 2005 and the base index value is 1000. A total of 11 companies including DLF, Unitech, Indiabulls Real Estate, Parsvnath Developers, Ansal Properties, Mahindra Gesco Developers and Sobha Developers are constituents of the index. The realty index was launched at a function to mark the 133rd Foundation Day of the BSE. -- Business Standard So anyone can make out the increasing grasp of 'Realy' in stock exchange. The real estate sector has actually become driving force of Indian economy, If I can sayy?  .
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