Nifty Realty index sees new high; DLF, HDIL, Sobha top performers
Shares of DLF, Sobha and Godrej Properties raised over 100% in the last 12 months
At 12.43 pm, the index was trading 1.22% up at 337.30 points. Image source: Reuters
Updated: Tue, Dec 26, 2017
01:30 pm
01:30 pm
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Realty index outruns other indices
Sensex little changed in subdued tradeShares of real estate companies continue their upward rally with the Nifty Realty index hitting a fresh 52-week high of 337.70 on the NSE in intra-day trade. The index has gained over 102% in the calendar year 2017 (CY17).
At 12.43 pm, the index was trading 1.22% up at 337.30 points. Shares of DLF at 254.45 (up 3.67), Housing Development & Infrastructure (HDIL) (up 2.94%), Sobha Ltd (up 1.30), Indiabulls Real Estate Limited (up 0.91%) and Oberoi Realty (up 0.58%) were the stocks performing well on the NSE.
Godrej Properties was up 0.20% with hitting day's high of 705.50 points, while shares of DLF, Sobha and Godrej Properties raised over 100% in the last 12 months.
The Phoenix Mills Limited (-0.33), Unitech (-1.97%) and Brigade Enterprises (-1.78) were trading in the negative territory.
Benchmark NSE Nifty50 index was down 7 points down at 10,486, while the BSE Sensex was 17 points down at 33,923.
Among the 50 stocks in the Nifty50 index, 29 were trading in the green, while 20 were in the red and 1 remained unchanged.
In the Nifty 50 index, Bosch, Oil & Natural Gas Corporation, Vedanta, GAIL, Cipla and Asian Paints were among the top gainers.
In the morning trade today, stock indices crossed new milestones with the Sensex topping 34,000 for the first time and the Nifty hitting a fresh high of 10,515.
At 12.43 pm, the index was trading 1.22% up at 337.30 points. Shares of DLF at 254.45 (up 3.67), Housing Development & Infrastructure (HDIL) (up 2.94%), Sobha Ltd (up 1.30), Indiabulls Real Estate Limited (up 0.91%) and Oberoi Realty (up 0.58%) were the stocks performing well on the NSE.
Godrej Properties was up 0.20% with hitting day's high of 705.50 points, while shares of DLF, Sobha and Godrej Properties raised over 100% in the last 12 months.
The Phoenix Mills Limited (-0.33), Unitech (-1.97%) and Brigade Enterprises (-1.78) were trading in the negative territory.
Benchmark NSE Nifty50 index was down 7 points down at 10,486, while the BSE Sensex was 17 points down at 33,923.
Among the 50 stocks in the Nifty50 index, 29 were trading in the green, while 20 were in the red and 1 remained unchanged.
In the Nifty 50 index, Bosch, Oil & Natural Gas Corporation, Vedanta, GAIL, Cipla and Asian Paints were among the top gainers.
In the morning trade today, stock indices crossed new milestones with the Sensex topping 34,000 for the first time and the Nifty hitting a fresh high of 10,515.