Stock Market

Stock market update: Realty stocks mixed; Godrej Properties jumps 3%, but DLF declines

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NEW DELHI: Realty stocks were trading mixed in afternoon trade on Monday. The Nifty Realty was trading 0.18 per cent down at 270 around 02:25 pm.

Godrej Properties (down 2.77 per cent), Housing Development Infrastructure (HDIL) (down 1.83 per cent), Prestige Estates Projects (down 0.68 per cent), Phoenix Mills (down 0.68 per cent) and Oberoi Realty (down 0.36 per cent) were among the losers in the realty index.

On the other hand, DLF (up 0.98 per cent), Brigade Enterprises (up 0.88 per cent), Sobha (up 0.77 per cent) and Indiabulls Real Estate (up 0.41 per cent) were trading with gains.

Gains in select bank, metl, auto and energy stocks were keeping the benchmarks up. The NSE Nifty50 index was up 37 points at 11,397, while the BSE Sensex was up 170 points at 37,726. Among the 50 stocks in the Nifty index, 27 were trading in the green, while 23 were in the red.

Axis Bank, State Bank of India, ICICI Bank, Bharti Airtel and UPL were among the top gainers in the Nifty index. Hindustan Unilever, Kotak Mahindra Bank, GAIL (India), Sun Pharmaceutical Industries and Dr.

Reddy's Laboratories were among the top losers in the Nifty pack of stocks.




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Category: Stock Market


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