Stock Market

Share market update: Nifty Realty falls 2%; DLF top drag

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NEW DELHI: The Nifty Realty was trading 1.86 per cent down at 259 around 02:40 pm on Tuesday. DLF (down 3.18 per cent), Indiabulls Real Estate (down 2.92 per cent), Unitech (down 2.86 per cent), Housing Development Infrastructure (down 2.85 per cent) and Brigade Enterprises (down 2.68 per cent) were the top losers in the realty pack.

Shares of Phoenix Mills (down 1.83 per cent), Godrej Properties (down 1.72 per cent), Prestige Estates Projects (down 0.78 per cent) and Sobha (down 0.20 per cent) were also incurring losses.

Oberoi Realty (up 0.40 per cent) was the only stock in the index that was in the green around that time.

Benchmark NSE Nifty50 index was down 125 points at 11,313, while the BSE Sensex was 391 points down at 37,532.

Among the 50 stocks in the Nifty index, 6 were trading in the green, while 44 were in the red.

Mahindra Mahindra, Bajaj Finserv, State Bank of India, Asian Paints and Infosys were among the gainers in the Nifty index. Titan Company, ITC, PowerGrid, Bharti Airtel and UPL were among the top losers in the Nifty pack of stocks.




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