News

Stocks edge lower in Real Estate market

Real Estate stocks were trading in red, with the S&P BSE Realty Index decreasing 31.99 points or 0.81% at 3923.98 at 13:50 IST.

Among the components of the S&P BSE Realty Index, Mahindra Lifespace Developers Ltd (down 2.26%), Indiabulls Real Estate Ltd (down 1.56%), DLF Ltd (down 1.19%), Godrej Properties Ltd (down 1.08%), Oberoi Realty Ltd (down 0.77%) were the top losers. Among the other losers were Phoenix Mills Ltd (down 0.24%) and Brigade Enterprises Ltd (down 0.01%).

On the other hand, Prestige Estates Projects Ltd (up 1.02%), Sunteck Realty Ltd (up 0.78%) and Sobha Ltd (up 0.61%) turned up.

At 13:50 IST, the S&P BSE Sensex was up 176.91 or 0.31% at 57964.94.

The Nifty 50 index was up 43.55 points or 0.25% at 17264.95.

The S&P BSE Small-Cap index was down 154.47 points or 0.53% at 29090.36.

The S&P BSE 150 Midcap Index was down 51.23 points or 0.58% at 8829.72.

On BSE, 1437 shares were trading in green, 1852 were trading in red and 104 were unchanged.

Aishwarya Raj Singh

Share
Published by
Aishwarya Raj Singh

Recent Posts

Land deals surge by 48% in 2024, with Delhi-NCR taking the lead

Over 40 land deals were recorded in the Delhi-NCR micro-market, with Gurugram contributing to 60%…

7 days ago

Personal Finance Tips for Young Professionals

As a young professional, building a strong financial foundation early in your career can set…

2 weeks ago

The Importance of ESG (Environmental, Social, and Governance) in Modern Business

In recent years, ESG (Environmental, Social, and Governance) has become a critical framework for evaluating…

2 weeks ago

Why Premium Housing is Gaining Popularity Among Millennials

In recent years, the demand for premium housing has seen a significant rise among millennials,…

3 weeks ago

Year-End 2024: Industrial & Logistics Sector Drives 10% Growth in Private Equity Investments

Data reveals that the Indian real estate sector attracted $4.3 billion (Rs 35,600 crore) in…

3 weeks ago

Why Tier-2 and Tier-3 Cities are the Future of Indian Real Estate

India’s real estate market is undergoing a profound transformation, with Tier-2 and Tier-3 cities emerging…

4 weeks ago

This website uses cookies.