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Stock market update: Nifty Realty index cracks 2%; Sobha top loser of the pack

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NEW DELHI: The Nifty Realty index was trading 1.77 per cent down at 267 around 02:55 pm on Friday with Sobha (down 5.95 per cent) as the top loser.

Shares of Prestige Estates Projects (down 4.33 per cent), Housing Development & Infrastructure (down 3.51 per cent) and Indiabulls Real Estate (down 3.40 per cent) were also witnessing significant fall.

Unitech (down 2.38 per cent), Brigade Enterprises (down 1.84 per cent), DLF (down 1.43 per cent) and Phoenix Mills (down 1.05 per cent) too were under pressure.

Godrej Properties (up 0.81 per cent) was the only stock in the realty pack that was in the green around that time.

Benchmark NSE Nifty50 index was down 17 points at 11,006, while the BSE Sensex was 30 points down at 36,518.

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red.

Titan Company, Bajaj Finance, BPCL, Maruti Suzuki India and Coal India were among the top gainers in the Nifty pack of stocks.

On the contrary, UPL, Zee Entertainment, Axis Bank, ONGC and Bharti Infratel were among the top losers in the Nifty index.

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