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Share market update: Realty stocks tumble ahead of RBI's policy outcome; Phoenix Mills dips 3%

Benchmark NSE Nifty50 index was down 78.25 points at 10,791.25 while BSE Sensex was down 234.57 points at 35,899.74 around 11:59 am.

ETMarkets.com|
Updated: Dec 05, 2018, 12.09 PM IST
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NEW DELHI: The Nifty Realty index was trading down 1.31 per cent at 233.65 on Wednesday with most of its components trading lower ahead of the RBI policy outcome due today.

Shares of Phoenix Mills (down 3.38 per cent), Sobha (down 3.11 per cent), Oberoi Realty (down 2.86 per cent) and Prestige Estates Projects (down 2.19 per cent) were the worst performers in the index.

Sunteck Realty (down 1.48 per cent), Godrej Properties (down 1.02 per cent) and Indiabulls Real Estate (down 0.57 per cent) too were trading in the red.

Benchmark NSE Nifty50 index was down 78.25 points at 10,791.25 while BSE Sensex was down 234.57 points at 35,899.74 around 11:59 am.

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

Shares of YES Bank, Ashok Leyland, Idea Cellular, Sun Pharma, BHEL, Tata Motors, Hindalco Industries, Indian Oil Corp, SAIL and Vedanta were among the most traded shares on the National Stock Exchange on Wednesday.
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