INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Losses in Housing Development Infrastructure (HDIL) (down 3.68 per cent), Prestige Estates Projects (down 1.23 per cent) and
Sobha (down 0.99 per cent) weighed on Nifty Realty index in Friday's session
The Nifty Realty index was trading 0.26 per cent down at 273.25 around 1 pm
Shares of Phoenix Mills (down 0.59 per cent), Indiabulls Real Estate (down 0.34 per cent) and Godrej Properties (down 0.12 per cent) too
Meanwhile, shares of Brigade Enterprises (up 0.63 per cent) were in the green, while those of Oberoi Realty, DLF and Unitech were trading
Indian equity market was lacklustre amid mixed global cues as trade talks between the US and China ended without any significant
outcome.
Caution crept in ahead of Federal Reserve Chairman Jerome Powell's speech at the annual global central bank conference in Jackson
Hole later in the day.
Besides, profit-booking at record levels amid weakness in the Indian rupee against the US dollar dented sentiment
here.
Benchmark NSE Nifty50 index was down 47 points at 11,535, while the BSE Sensex was 160 points down at 38,177.
Among the 50 stocks in
the Nifty index, 19 were trading in the green, while 31 were in the red
ONGC, Bharti Infratel, Bajaj Finance, Vedanta and Grasim Industries were among the top gainers, while YES Bank, Sun Pharmaceutical
Industries, ICICI Bank, Titan Company and Adani Ports were among the top losers in the Sensex pack of stocks.
