INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most realty stocks were trading with gains in afternoon trade on Friday.
The Nifty Realty index was trading 0.49 per cent up at
275 around 01:10 pm, with Housing Development Infrastructure (HDIL) (up 6.70 per cent), Unitech (up 4.94 per cent) and DLF (up 1.55 per
Shares of Sobha (up 0.42 per cent), Godrej Properties (up 0.20 per cent), Indiabulls Real Estate (up 0.20 per cent) and Oberoi Realty (up
0.13 per cent) were up with small gains
However, Phoenix Mills (down 1.78 per cent), Brigade Enterprises (down 0.62 per cent) and Prestige Estates Projects (down 0.52 per cent)
were incurring losses around that time
Equity market was in the green amid positive global cues after US and China agreed to hold talks later this month on trade-related
disputes.
Benchmark NSE Nifty50 index was up 82 points at 11,467, while the BSE Sensex was up 294 points at 37,957.
Among the 50 stocks in
the Nifty index, 39 were trading in the green, while 11 were in the red
Grasim Industries, Vedanta, Lupin, YES Bank and Tata Steel were among the top gainers, while GAIL (India), Bharti Airtel, ONGC, Power Grid
Corporation of India and Bajaj Finance were among the top losers in the Nifty index.