Market Now: Nifty Realty index in the green; IB Real Estate climbs 2%


NEW DELHI: Gains in shares of Indiabulls Real Estate (up 2.03 per cent), Phoenix Mills (up 1.03 per cent) and Godrej Properties (up 0.61 per cent) lifted Nifty Realty index during afternoon trade on Tuesday.

The Nifty Realty index was trading 0.43 per cent up at 307 around 01:30 pm (IST).

Sobha (up 0.28 per cent), DLF (up 0.21 per cent), Brigade Enterprises (up 0.06 per cent) and Prestige Estates Projects (up 0.05 per cent) were also trading with gains.

However, Housing Development & Infrastructure (down 1.20 per cent) and Oberoi Realty (down 0.52 per cent) were down around that time.

Benchmark NSE Nifty50 index was down 2 points at 10,526, while the BSE Sensex was up 20 points at 34,325.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Power Grid, NTPC, Hindustan Unilever, Hindalco Industries and Lupin were among the top gainers in the Nifty index.

However, Wipro, Bharti Infratel, Axis Bank, Tata Motors and Infosys were among the top losers in the Nifty pack of stocks.

Source: Economic Times