Real Estate stocks edge lower
Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 326.52 points or 4.73% at 6573.55 at 13:42 IST.
Among the components of the S&P BSE Realty Index index, Phoenix Mills Ltd (down 10.17%), Sobha Ltd (down 8.38%),Swan Energy Ltd (down 8.05%),Macrotech Developers Ltd (down 7.49%),Prestige Estates Projects Ltd (down 5.9%), were the top losers. Among the other losers were Godrej Properties Ltd (down 3.51%), DLF Ltd (down 3.31%), Mahindra Lifespace Developers Ltd (down 1.78%), Brigade Enterprises Ltd (down 1.63%), and Oberoi Realty Ltd (down 1.05%).
At 13:42 IST, the S&P BSE Sensex was down 705.52 or 0.96% at 72962.44.
The Nifty 50 index was down 262.6 points or 1.18% at 22073.1.
The S&P BSE Small-Cap index was down 1667.75 points or 3.89% at 41163.54.
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The S&P BSE 150 Midcap Index index was down 424.58 points or 3.19% at 12869.01.
On BSE,400 shares were trading in green, 3460 were trading in red and 63 were unchanged.
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First Published: Mar 13 2024 | 2:00 PM IST