Motilal Oswal has reiterated its bullish stance on Prestige Estates Projects Ltd, reaffirming a 'BUY' recommendation with a revised target price of Rs 1,820, implying a substantial upside from curr

Real estate major Prestige Estates Projects shares declined 2 percent on Friday.

Indian markets managed to close strong on Monday after Friday's rally. The gap-up opening was supported mainly by bullish outlook after NDA's strong win in Maharashtra.

The shares of real estate companies, particularly those headquartered in Maharashtra, witnessed significant upward momentum on November 25, climbing as much as 7 percent.

Indian markets have corrected from higher levels as massive selling has been witnessed during the last few days. Any pullback rallies have been used for selling at higher levels.

Indian Stock Markets continued with the declining trend in today's session as markets remained most of the session in negative zone.