Stock market update: Nifty Realty index falls 0.54%

Stock market update: Nifty Realty index falls 0.54%
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The Nifty Realty index closed 0.54 per cent down at 464.1.

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: The Nifty Realty index closed on a negative note on Wednesday.

Shares of Oberoi Realty(up 0.1 per cent) ended the day as top gainers in the pack.

On the other hand, Prestige Estates Projects(down 1.26 per cent), Brigade Enterprises(down 1.14 per cent), DLF(down 0.57 per cent), Phoenix Mills(down 0.55 per cent) and Godrej Properties(down 0.48 per cent) finished as the top losers of the day.

The Nifty Realty index closed 0.54 per cent down at 464.1.

Benchmark NSE Nifty50 index ended down 54.65 points at 17475.65, while the BSE Sensex stood down 237.44 points at 58338.93.

Among the 50 stocks in the Nifty index, 22 ended in the green, while 28 closed in the red.

Shares of Vodafone Idea, YES Bank, Zomato Ltd., Redington and Suzlon Energy were among the most traded shares on the NSE.

Shares of Hariom Pipe Industries Ltd., Dynacons Sys, Nahar Industrial, Thermax and Asian Hotels(E)hit their fresh 52-week highs in today's trade, while Debock Sales & Mktg, SP Refractories Ltd., Innovative Tyres & T and DRC Systems India Ltd. hit their fresh 52-week lows.

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