Mid Market Watch: Nifty IT, Realty rose


Key benchmarks traded with moderate gains during the mid-session with Nifty around 11860-level. The Nifty IT and Realty added supports in benchmarks.

Nifty IT index is trading higher by over 0.70%, led by gains in NIIT Tech, Justdial, Tech Mahindra and MindTree which were up 2 to 3%, followed by TCS, HCL Technologies, Hexaware and Infosys which were trading higher up to 1% each, at mid-noon session.

However, Shares in Wipro and Tata Elxsi slipped 0.45% each in the IT index.

Also, Nifty Realty is trading higher up 0.61% led by Godrej Properties, Phoenix Mills and SunTech, higher by up to ~2% each.

DLF, Sobha are also trading higher by upto 1% each. On the flip side, shares of  Indiabulls Real Estate, Oberoi and Prestige are trading lower.To get NIfty options Tips and the best stock to buy Tips visit our website.

At 12.00-hrs, the Nifty stood at 11,859.30 down just 2.5 points, while the Sensex stood at 40,282.80, up by 42 points.

In the Fifty-scrip Nifty, 23 stocks witness selling pressure while the rest 27 see buying pressure.

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