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AI Concerns in IT Sector Batter Real Estate Stocks; Nifty Realty Plunges 3% as Expert Warns 'Best is Behind Us'
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Real Estate Stocks Plunge 3% Amid IT Sector's AI Worries; Expert Says 'Best is Behind Us'
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Moneycontrol
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24-02-2026, 15:10
Real Estate Stocks Plunge 3% Amid IT Sector's AI Worries; Expert Says 'Best is Behind Us'
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Nifty Realty index dropped 3% as AI concerns in the IT sector impacted sentiment.
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All 10 constituents of the Nifty Realty index traded in the red, with SignatureGlobal India down 5.4%.
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Fears of AI-led disruption, particularly from Anthropic's tools, are hitting IT stocks, spilling over to real estate.
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Experts like Murtuza Arsiwalla suggest the best phase for real estate may be over, with subdued growth expectations.
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The Nifty Realty index has lost 4.5% in one week and 9.2% year-to-date.
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