Market Now: IB Real Estate, Delta Corp drag Nifty Realty index down
NEW DELHI: Realty stocks Indiabulls Real Estate (down 3.15 per cent), Delta Corp (down 2.53 per cent) and Prestige Estates Projects (down 2.53 per cent) declined up to 3 per cent in afternoon trade on Wednesday, dragging the Nifty Realty index down.
The Nifty Realty index was trading 0.33 per cent down at 302 around 12:50 pm (IST).
Shares of Unitech (down 1.60 per cent), Housing Development & Infrastructure (down 0.84 per cent) and DLF (down 0.15 per cent) were also trading in the red.
However, shares of Godrej Properties (up 4.43 per cent), Oberoi Realty (up 2.77 per cent), Phoenix Mills (up 0.69 per cent) and Sobha (up 0.61 per cent) were trading up around that time.
Benchmark NSE Nifty50 index was 45 points down at 10,142, while the BSE Sensex was 121 points down at 32,821.
Among the 51 stocks in the Nifty50 index, 18 were trading in the green, while 32 were in the red.
Shares of Bharat Petroleum Corporation, Hindustan Petroleum Corporation, Eicher Motors, Tech Mahindra, Ambuja Cements and Indian Oil Corporation were among the top gainers in the Nifty50 index.
However, Oil & Natural Gas Corporation, Sun Pharma, Hindalco Industries, Vedanta, Indiabulls Housing Finance and HCL Technologies were among the top losers.
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Via:: Economic Times – Stocks