Godrej Properties share price was down by nearly one percent during early trades as overall markets sentiment is currently bearish.

The Indian real estate market is no stranger to boom-and-bust cycles, but some players manage to stay ahead of the curve.

Godrej Properties share price touched yearly low at Rs 1,901 during early session today. The stock was trading at Rs 1,918 at the time of publiction of this report.

Indian markets closed strong on Friday and NSE Nifty touched intraday high of 24,188. The bullish close on Friday have improved investor sentiment.

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

LTTS, Divis Labs, Siemens India, Godrej Properties Shares have witnessed bullish breakouts in today's trading session.