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Stock market update: Nifty Realty pack down; HDIL, Unitech among top losers

NEW DELHI: Realty stocks Housing Development & Infrastructur..

NEW DELHI: Realty stocks Housing Development & Infrastructure (HDIL) (down 3.37 per cent), Prestige Estates Projects (down 3.24 per cent) and Unitech (down 2.15 per cent) were trading with losses during afternoon trade on Thursday.

The Nifty Realty index was trading 0.52 per cent down at 295 around 02:05 pm.

Shares of Godrej Properties (down 1.76 per cent), Indiabulls Real Estate (down 0.85 per cent), Oberoi Realty (down 0.52 per cent), Brigade Enterprises (down 0.41 per cent) and Phoenix Mills (down 0.41 per cent) were also down.

Sobha (up 1.11 per cent) and DLF (up 0.75 per cent) were two components in the index that were up around that time.

Benchmark NSE Nifty50 index was up 48 points at 10662, while the BSE Sensex was up 168 points at 35,074.

Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.

Tech Mahindra, HDFC Bank and IndusInd Bank were top gainers in the Nifty index, while Power Grid Corporation, Sun Pharmaceutical Industries and Tata Motors were among the top Nifty losers.

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