Stock market today, Feb. 12 -- Bengaluru-based realty stocks traded mostly lower on Thursday, February 12, amid growing concerns among IT companies about potential disruption from artificial intelligence (AI).

Shares of Bengaluru-based developers Prestige Estates and Puravankara were down up to 2% on Thursday. Meanwhile, other realty stocks such as Sobha and Brigade Enterprises declined by up to 1% on February 12.

Shares of Oberoi Realty and Macrotech Developers (Lodha) were also trading lower, posting marginal losses.

According to market experts, Bengaluru-based realty stocks are declining primarily due to a combination of sector-specific and macroeconomic concerns rather than any single company-specific event.

"Bengaluru is an IT hu...