INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The realty index was trading as the top gainer among the sectoral indices on NSE in morning session of Tuesday's trade.
The
Nifty Realty index was trading 2.38 per cent up at 275 around 10:50 am, with Housing Development Infrastructure (HDIL) (up 19.85 per cent)
as top gainer.
Shares of HDIL surged owing to block deals
About 27.8 lakh shares of the company changed hands in two block deals
Shares of Brigade Enterprises (up 14.54 per cent) too witnessed strong traction.
Unitech (up 4.88 per cent), DLF (up 4.08 per cent), Sobha
(up 1.66 per cent), Indiabulls Real Estate (up 1.32 per cent), Oberoi Realty (up 1.26 per cent) and Phoenix Mills (up 0.67 per cent) also
emerged as the gainers.
However, Prestige Estates Projects (down 1.50 per cent) and Godrej Properties (down 0.19 per cent) were losing in
trade around that time.
Indian equity market was in the negative territory tracking weak global cues.
Investors held back their bets as
RBI's monetary policy meeting gets under way
RBI Governor Urjit Patel-headed Monetary Policy Committee (MPC) is expected to announce its decision on the key policy rates on
Wednesday.
Global stocks fell as investors awaited critical monetary policy decisions this week
The Federal Reserve's Federal Open Market Committee too will announce its decision on Wednesday.
Benchmark NSE Nifty50 index was down 36
points at 11,283, while the BSE Sensex was 143 points down at 37,351
Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red
Tech Mahindra, HCL Technologies, Dr
Reddy's Laboratories, Asian Paints and Cipla were among the top gainers in the Nifty index.
