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Real Estate shares slip

Capital Market 

Real Estate stocks were trading in the negative zone, with the S&P BSE Realty Index index falling 44.29 points or 2.31% at 1874.91 at 13:47 IST.

Among the components of the S&P BSE Realty Index index, Sobha Ltd (down 6.24%), Indiabulls Real Estate Ltd (down 4.99%),DLF Ltd (down 4.31%),Phoenix Mills Ltd (down 2.1%),Godrej Properties Ltd (down 1.85%), were the top losers. Among the other losers were Sunteck Realty Ltd (down 1.29%), Oberoi Realty Ltd (down 0.43%), and Prestige Estates Projects Ltd (down 0.18%).

On the other hand, Mahindra Lifespace Developers Ltd (up 0.76%), and Omaxe Ltd (up 0.21%) moved up.

At 13:47 IST, the S&P BSE Sensex was down 343.47 or 0.9% at 37834.48.

The Nifty 50 index was down 89.25 points or 0.79% at 11224.05.

The S&P BSE Small-Cap index was down 56.68 points or 0.44% at 12739.79.

The S&P BSE 150 Midcap Index index was down 37.87 points or 0.87% at 4311.51.

On BSE,822 shares were trading in green, 1405 were trading in red and 156 were unchanged.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 10 2019. 14:00 IST