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Market Now: Realty stocks fall; Delta Corp, Unitech crack over 3%

ETMarkets.com|
Updated: Dec 12, 2017, 01.40 PM IST
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Equity markets were trading in the negative zone.
Equity markets were trading in the negative zone.
NEW DELHI: Realty stocks Delta Corp (down 3.63 per cent), Unitech (down 3.13 per cent), Prestige Estates Projects (down 2.45 per cent), Sobha (down 1.65 per cent) and DLF (down 1.59 per cent) were trading in the red in afternoon trade on Tuesday.

The Nifty Realty index was trading 1.12 per cent down at 319 around 01:25 pm (IST).

Shares of Indiabulls Real Estate (down 1.01 per cent), Housing Development & Infrastructure (down 0.81 per cent), Oberoi Realty (down 0.66 per cent) and Godrej Properties (down 0.15 per cent) were also trading in the negative territory.

Phoenix Mills (up 0.59 per cent) was the only component in the Nifty Realty index that was in the green around that time.

Benchmark NSE Nifty50 index was 58 points down at 10,264, while the BSE Sensex was 176 points down at 33,280.

Among the 50 stocks in the Nifty50 index, 16 were trading in the green, while 34 were in the red.

Shares of Dr Reddy's Labs, GAIL, Adani Ports SEZ, Vedanta, Lupin and Oil & Natural Gas Corporation were among the top gainers in the Nifty50 index.

However, Hindustan Petroleum Corporation, Bharti Infratel, Bharat Petroleum Corporation, Indian Oil Corporation, Eicher Motors and ITC were among the losers in the Nifty pack of stocks.
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