Share market update: Realty shares bleed; Prestige Estates falls nearly 4%

NEW DELHI: Realty shares fell for the second session on Tuesday morning with its sectoral index down over 2 per cent.

The Nifty Realty index was trading 2.46 per cent down at 225.75 around 10:48 am.

Shares of Prestige Estates Projects (down 3.81 per cent) , Indiabulls Real Estate (down 3.76 per cent) , Sunteck Realty (down 3.54 per cent) , and Phoenix Mills (down 3.00 per cent) were the top losers in the index.

Oberoi Realty (down 2.68 per cent) , DLF (down 2.17 per cent) , Sobha (down 2.15 per cent) and Godrej Properties (down 1.57 per cent) too were trading with losses.

Benchmark NSE Nifty50 index was down 96.40 points at 10,783.70 while the BSE Sensex was down 326.31 points at 35,887.07.

Among the 50 stocks in the Nifty index, 8 were trading in the green, while 42 were in the red.

Shares of YES Bank, Vodafone Idea, Tata Motors, Ashok Leyland, Motherson Sumi, Vedanta , SAIL, SBI, Bank of Baroda and NHPC were among the most traded shares on the NSE.