Real Estate stocks edge higher

Capital Market 

Real Estate stocks were trading in green, with the S&P BSE Realty Index index increasing 60.73 points or 2.38% at 2610 at 09:48 IST.

Among the components of the S&P BSE Realty Index index, Sobha Ltd (up 8.79%), Phoenix Mills Ltd (up 7.79%),Sunteck Realty Ltd (up 2.67%),DLF Ltd (up 2.24%),Brigade Enterprises Ltd (up 1.86%), were the top gainers. Among the other gainers were Prestige Estates Projects Ltd (up 1.8%), Oberoi Realty Ltd (up 1.37%), Godrej Properties Ltd (up 0.46%), and Mahindra Lifespace Developers Ltd (up 0.29%).

On the other hand, Indiabulls Real Estate Ltd (down 1.45%), turned lower.

At 09:48 IST, the S&P BSE Sensex was up 322.09 or 0.67% at 48415.41.

The Nifty 50 index was up 101.4 points or 0.72% at 14238.75.

The S&P BSE Small-Cap index was up 169.4 points or 0.9% at 18942.26.

The S&P BSE 150 Midcap Index index was up 48.95 points or 0.78% at 6333.07.

On BSE,1720 shares were trading in green, 590 were trading in red and 106 were unchanged.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, January 08 2021. 10:00 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU