Nifty Realty index gains led by Indiabulls Real Estate

The Nifty Realty index gained through Mid-market session and was up 1.65% amid buying seen in Indiabulls Real Estate, Oberoi Realty and Godrej Properties.

Shares of Indiabulls Real Estate, which gained 4.62pc, were the top the realty index’s gain. Shares of Oberoi Realty, Godrej Properties, Sobha, Prestige, Phonix, DLF, and Mahindra Lifespace Developers also contributed to the gain, rising between 1 to 2.5% gains.

On the reverse side, Brigade and SunTeck were trading lower on the Realty index.

The Sensex rose 323-pts at 37023.17, while the Nifty was up by 89.90-pts to trade at 10,952-levels at around 1.10pm. Indiabulls Housing, TechMahindra  and Bharti Airtel were the top contributors to the advances in Nifty50 index.

Out of the fifty-scrip Nifty stocks, 37 stocks were witnessing buying pressure whereas 13 were seeing selling pressure.

Meanwhile, among the major stocks that crossed their one-year-high levels on the NSE today were Berger Paints, Asian Paints, Gujarat State Petronet and Creative Peripherals.


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