Godrej Properties, Oberoi Realty, DLF and Phoenix Mills were among major losers in real estate segment on Tuesday.

Indian markets opened positive on Monday with NSE Nifty trading 150 points higher. NSE Nifty touched intraday high at 23,806 at the time of publication of this report.

Shares of Oberoi Realty Ltd.

India’s top 26 listed real estate firms collectively sold properties worth Rs 34,985 crore during the July-September 2024 quarter, driven predominantly by the residential segment.

Hem Securities has suggested BUY rating on Oberoi Realty Limited with a target price of ₹2197, indicating a 16.12% upside from the current market price of ₹1892.

Market expert Ashish Chaturvedi has suggested five BUY Calls and no SELL Call for short term investors and traders.