Real Estate stocks edge lower
Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 95.4 points or 3.84% at 2387.8 at 13:49 IST.
Among the components of the S&P BSE Realty Index index, Indiabulls Real Estate Ltd (down 6.36%), DLF Ltd (down 5.43%),Prestige Estates Projects Ltd (down 4.83%),Mahindra Lifespace Developers Ltd (down 4.42%),Phoenix Mills Ltd (down 4.11%), were the top losers. Among the other losers were Sobha Ltd (down 4.06%), Oberoi Realty Ltd (down 2.92%), Godrej Properties Ltd (down 2.28%), Sunteck Realty Ltd (down 1.67%), and Brigade Enterprises Ltd (down 1.55%).
At 13:49 IST, the S&P BSE Sensex was down 975.39 or 2% at 47856.64.
The Nifty 50 index was down 287.05 points or 1.96% at 14330.8.
The S&P BSE Small-Cap index was down 358.03 points or 1.7% at 20660.52.
The S&P BSE 150 Midcap Index index was down 125.01 points or 1.82% at 6759.94.
On BSE,665 shares were trading in green, 2210 were trading in red and 189 were unchanged.
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First Published: Apr 19 2021 | 2:00 PM IST