Stock market update: Nifty Realty index sheds over 1%; Phoenix Mills dips nearly 8%

NEW DELHI: Nifty Realty index was trading with losses at 12:58PM (IST) on Tuesday.

Shares of Phoenix Mills (down 7.65 per cent), Sunteck Realty (down 3.6 per cent), Prestige Estates Projects (down 2.27 per cent), Sobha (down 1.84 per cent) and Oberoi Realty (down 1.28 per cent) were the top losers in the index.

While Brigade Enterprises (up 3.38 per cent), Indiabulls Real Estate (up 1.5 per cent), Omaxe (up 1.22 per cent) and Godrej Properties (up 0.35 per cent) were among the top gainers.

The Nifty Realty index was trading 1.28 per cent down at 218.95 around 12:58PM.

Benchmark NSE Nifty50 index was up 7.95 points at 11474.4, while the BSE Sensex was up 61.65 points at 38860.73.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of YES Bank, Vodafone Idea, SBI, ICICI Bank and LIC Housing Fin were among the most traded shares on the NSE.

Shares of Max Financial Services, Affle (India) Ltd., Timken India, Adani Enterpr. and IOL Chemicals hit their fresh 52 week high in today’s trade, while Wealth First Portfolio Managers Ltd. hit fresh 52 week low in trade.