Raja Kohlis dreams of buying a house in the National Capital Regions Noida area could come a cropper, given the current slide in the stock markets. Kohli had invested in the equity markets, hoping to reinvest the profits from his stocks portfolio in a dream house.
But these profits have been looking much slimmer now. Between 10 January—when the Bombay Stock Exchanges (BSE) benchmark index, the Sensex, hit a record high—and now, the index has lost 18.27% in just 10 trading sessions.
BSEs Realty index has lost 28.25% in the same period, closing at 9,520.84 on Tuesday, from 13,270.05 on 10 January.
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