INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The Nifty Realty was trading 0.83 per cent up at 268.65 around 2 pm on Friday, backed by gains in a majority of index components
Most realty stocks have recovered after the Supreme Court on Wednesday lifted the ban on construction activities in Maharashtra and
Uttarakhand after the two states submitted their respective solid waste management policies to the court
Shares of DLF (up 1.59 per cent), Unitech (up 1.41 per cent), Brigade Enterprises (up 0.85 per cent) and Godrej Properties (up 0.80 per
cent) were the top gainers in the realty index.
Indiabulls Real Estate (up 0.75 per cent), Prestige Estates Projects (up 0.60 per cent),
Oberoi Realty (up 0.59 per cent) and Phoenix Mills (up 0.16 per cent) were also in the green
However, Housing Development Infrastructure (HDIL) (down 1.06 per cent) and Sobha (down 0.55 per cent) were in the red around that time
Benchmark NSE Nifty50 index was up 29 points at 11,566, while the BSE Sensex was up 70 points at 38,313
Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red
Hindalco Industries, Hero MotoCorp, Bajaj Auto, Lupin and Mahindra Mahindra were among the top Nifty gainers.
YES Bank, Sun Pharma, State
Bank of India, PowerGrid and Adani Ports were among the top losers in the Nifty index.
