Today Nifty Realty Index Was Trading Down At 273
On Thursday, during afternoon trade, the Nifty Realty index was trading 0.85 per cent down at 273 on losses in Sobha, Indiabulls Real Estate and Godrej Properties.
Some other shares, which were trading down in the Nifty index are Phoenix Mills, Oberoi Realty and Prestige Estates Projects.
On the other hand, the shares of Housing Development & Infrastructure zoomed up. On Tuesday, the realty firm has reported that more than threefold jump in consolidated net profit at Rs 24.70 crore on higher sales.
Besides, these stocks, Unitech, DLF and Brigade Enterprises too were in the green. Equity market was dull amid weak global cues as a political crisis in Turkey and US-China trade war woes weighed on investor sentiment.
On NSE, the benchmark Nifty50 index was down 7 points at 11,428, while the BSE Sensex was 33 points down at 37,819.
Out of 50 stocks in the Nifty index, 27 stocks were trading in the green index, while 23 were in the red index.
The top gainers in the Nifty index are GAIL, Dr. Reddy’s Laboratories, Sun Pharma, Axis Bank and Grasim Industries.