Real Estate shares slide

Real Estate stocks were trading with losses, with the S&P BSE Realty Index index falling 15.33 points or 0.72% at 2113.86 at 13:48 IST.

Among the components of the S&P BSE Realty Index index, Godrej Properties Ltd (down 2.75%), Indiabulls Real Estate Ltd (down 1.66%),Sunteck Realty Ltd (down 1.19%),Mahindra Lifespace Developers Ltd (down 1.16%),DLF Ltd (down 1.02%), were the top losers. Among the other losers were Phoenix Mills Ltd (down 0.44%), and Omaxe Ltd (down 0.03%).

On the other hand, Oberoi Realty Ltd (up 1.79%), Prestige Estates Projects Ltd (up 0.08%), and Sobha Ltd (up 0.06%) moved up.

At 13:48 IST, the S&P BSE Sensex was up 246.28 or 0.61% at 40715.98.

The Nifty 50 index was up 63.15 points or 0.53% at 12003.25.

The S&P BSE Small-Cap index was up 11.64 points or 0.09% at 13416.15.

The S&P BSE 150 Midcap Index index was up 7.28 points or 0.16% at 4695.93.

On BSE,1149 shares were trading in green, 1238 were trading in red and 175 were unchanged.

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