Union Budget 2024: FM announces affordable housing for middle class; realty stocks not amused

Finance Minister Nirmala Sithraman's announcements on affordable housing and extension of Pradhan Mantri Awas Yojana failed to cheer realty stocks, which fell up to 3%. Among the top losers were Brigade Enterprises, Sobha, Prestige Estates. The Nifty Realty Index was down by 1.07%. In the 10-stock index, there were 9 declines. The lone gainer was Swan Energy.

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