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Stock market update: IB Real Estate, DLF weigh on Nifty Realty pack

The Nifty Realty index was trading 0.04 per cent up at 268 around 12:10 pm.

ETMarkets.com|
Updated: Jul 30, 2018, 12.22 PM IST
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Stock market update: IB Real Estate, DLF weigh on Nifty Realty pack
Hindalco Industries, HDFC Bank, Eicher Motors, HCL Technologies and Bajaj Finance were among the top losers in the Nifty pack of stocks.
NEW DELHI: Losses in Prestige Estates Projects (down 1.53 per cent), Indiabulls Real Estate (down 1.45 per cent) and DLF (down 1.23 per cent) were weighing on Nifty Realty index in Monday's trading session.

The Nifty Realty index was trading 0.04 per cent up at 268 around 12:10 pm.

Godrej Properties (up 3.81 per cent), however, was surging in the realty index.

Brigade Enterprises (up 0.89 per cent), Oberoi Realty (up 0.48 per cent), Sobha (up 0.44 per cent) and Housing Development & Infrastructure (up 0.26 per cent) too were in the green.

Phoenix Mills and Unitech were almost flat around that time.

Stock market was reflecting cautious sentiment ahead of RBI policy meet.

Benchmark NSE Nifty50 index was up 9 points at 11,288, while the BSE Sensex was up 51 points at 37,388.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 23 were in the red.

ICICI Bank, State Bank of India, Vedanta, HPCL and Power Grid Corporation were among the top gainers in the Nifty index.

On the other hand, Hindalco Industries, HDFC Bank, Eicher Motors, HCL Technologies and Bajaj Finance were among the top losers in the Nifty pack of stocks.
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