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Stock market update: Realty shares dip; Indiabulls Real Estate down 2%

NEW DELHI: Realty shares were trading lower in Tuesday’s morning session.

Shares of Indiabulls Real Estate (down 2.53 per cent), Phoenix Mills (down 2.51 per cent) and Mahindra Lifespace Developers (down 1.93 per cent) were the top losers in the index.

DLF (down 1.68 per cent), Sunteck Realty (down 1.43 per cent) and Godrej Properties (down 0.06 per cent) too were trading in the red.

The Nifty Realty index was trading 0.82 per cent down at 264.55 around 10:17 am.

Benchmark NSE Nifty50 index was down 48.40 points at 11,005.50 while the BSE Sensex was down 126.62 points at 37,275.87.

Among the 50 stocks in the Nifty index, 18 were trading in the green, while 31 were in the red.

Shares of YES Bank, Vodafone Idea, Tata Motors, Bank of Baroda, SBI, SAIL, Mahanagar Gas, ICICI Bank and PNB were among the most traded shares on the NSE.

Source: Economic Times