Home Market Share market update: Realty stocks crumble; HDIL, Unitech, DLF among top losers

Share market update: Realty stocks crumble; HDIL, Unitech, DLF among top losers

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NEW DELHI: Most realty stocks including Housing Development & Infrastructure (HDIL) (down 2.04 per cent), Brigade Enterprises (down 1.52 per cent), Prestige Estates Projects (down 1.30 per cent) were in the lower terrain during the last hour of Thursday's trade.

Indiabulls Real Estate (down 1.14 per cent), Unitech (down 1.11 per cent), DLF (down 0.70 per cent), Sobha (down 0.56 per cent) and Oberoi Realty (down 0.15 per cent) were also under pressure.

The Nifty Realty index was trading 0.44 per cent down at 283 around 02:30 pm.

However, Phoenix Mills (up 1.01 per cent) and Godrej Properties (up 0.23 per cent) were in the green in the index around that time.

Benchmark NSE Nifty50 index was down 16 points at 10,756, while the BSE Sensex was 47 points down at 35,500.

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

Zee Entertainment, Adani Ports and Bajaj Finserv were among the top gainers in the Nifty index.

On the other hand, Power Grid Corporation of India, Dr. Reddy's Laboratories and Bharti Infratel were among the top losers in the Nifty pack of stocks.

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