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Share market update: Realty shares slip; Prestige Estates Projects down 3%


NEW DELHI: Realty shares were trading in the negative zone with the Nifty Realty index slipping in Monday’s morning trading session.

Shares of Prestige Estates Projects (down 3.06 per cent), Oberoi Realty (down 1.91 per cent), Brigade Enterprises (down 1.74 per cent ) and DLF (down 1.10 per cent) were the top losers in the index.

Indiabulls Real Estate (down 1.03 per cent), Sunteck Realty (down 0.76 per cent) and Phoenix Mills (down 0.70 per cent) too were trading lower.

The Nifty Realty index was trading 0.91 per cent down at 234.50 around 11:01 am on Monday.

Benchmark NSE Nifty50 index was down 69.30 points at 10,725.65 while the BSE Sensex was down 222.71 points at 35,787.13.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of YES Bank, Infosys, Tata Motors, ICICI Bank, SAIL, Indian Oil Corp, Bharti Infratel, Vedanta , L&T Fin Holding and Ashok Leyland were among the most traded shares on the NSE.

Source: Economic Times