Stock market update: Realty shares dip; DLF slips 4%

NEW DELHI: Most realty shares were trading in the negative zone in Friday's morning session.

Shares of Indiabulls Real Estate (down 4.27 per cent), DLF (down 3.97 per cent) and Oberoi Realty (down 2.47 per cent) were the top losers in the index.

Sunteck Realty (down 1.62 per cent), Sobha (down 0.33 per cent) and Mahindra Lifespace Developers (down 0.09 per cent) too were trading with losses.

The Nifty Realty index was trading 1.68 per cent down at 271.85 around 10:23 am.

Benchmark NSE Nifty50 index was down 39.60 points at 11,874.45 while the BSE Sensex was 106.12 points at 39635.24.

Among the 50 stocks in the Nifty index, 16 were trading in the green, while 33 were in the red.

Shares of YES Bank, GRUH Finance, Indiabulls Housing Finance, BHEL, PNB, Bank of Baroda, SAIL, IDBI Bank, DLF and Dish TV India were among the most traded securities on the NSE.

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