Led by positive market cues, realty stocks also found favour on Monday as investors carried buying sentiment in the sector. Majority stocks listed on Nifty Realty index was trading on a bullish note.
At around 3 pm, Nifty Realty was trading at 348 up 1.96%. The index has touched an intraday high of 349.85.
Brigade Enterprises was the top gainer on the index surging by over 6%, after clocking a fresh 52-week high of Rs292.90 per piece in early trade.
Major stocks like
Sunteck and Indiabulls Real Estate were also among top gainers soaring by around 5% each.
Meanwhile,
DLF and Godrej Properties witnessed an over 2% upside each. Prestige zoomed by nearly 1%.
Oberoi Realty and Sobha jumped marginally.
On the contrary, OMAXE traded lower by 1.5% followed by Phoenix down marginally.
OMAXE today on NSE clarified over a buzz claiming that Greater Noida authority cancels allotment of four land parcels to recover Rs 450 crore dues.