NEW DELHI: Shares of realty firms were in the red in Wednesday's morning trade.Shares of Sunteck Realty (down 2.84 per cent), Indiabulls Real Estate (down 2.13 per cent), Sobha (down 1.89 per cent), Prestige Estates Projects (down 1.85 per cent) and Godrej Properties (down 1.57 per cent) too were among the losers.Mahindra Lifespace Developers (down 1.5 per cent), Oberoi Realty (down 1.33 per cent) and Phoenix Mills (down 1.32 per cent) too were trading with losses.
While Brigade Enterprises (up 1.83 per cent) was the only gainer.
The Nifty Realty index was trading 1.27 per cent down at 298.7 around 12:25 pm.
Benchmark NSE Nifty50 index was down 70.75 points at 11,727.15, while the BSE Sensex was 230.02 points at 40,051.18.
Among the 50 stocks in the Nifty index, 13 were trading in the green, while 37 were in the red.
Shares of Vodafone Idea, YES Bank, Tata Motors, Ashok Leyland, SBI, Indiabulls Housing, JSPL, GMR Infra, SAIL and Tata Power were among the most traded shares on the NSE.