Realty bites! Raymond, Mahindra Lifespace among stocks that fell up to 27% in 6 months. Is the sector losing its mojo?

Realty stocks’ towering gains over its sectoral peers have seen a diminishing trend in the last six months, with stocks declining by up to 27% in the said period. Subdued launches over the last quarter, weak market sentiments and profit booking have weighed on the real estate sector. Is it…