Stock market update: Realty stocks mixed; DLF up, but Sobha, Unitech suffer

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Realty stocks were trading mixed during afternoon trade on Wednesday. Shares of Brigade Enterprises (up 1.11 per cent), Prestige
Estates Projects (up 0.98 per cent), DLF (up 0.71 per cent) and Housing Development Infrastructure (up 0.53 per cent) were trading up
However, Sobha (down 3.32 per cent), Phoenix Mills (down 1.14 per cent), Unitech (down 1.06 per cent) and Indiabulls Real Estate (down 0.85
per cent) were incurring losses. The Nifty Realty index was trading 0.20 per cent down at 297 around 01:55 pm
Shares of Oberoi Realty (down 0.28 per cent) and Godrej Properties (down 0.05 per cent) were also under pressure. Benchmark NSE Nifty50
index was down 30 points at 10,603, while the BSE Sensex was 69 points down at 34,880. Among the 50 stocks in the Nifty index, 20 were
trading in the green, while 30 were in the red
Mahindra Mahindra, Coal India, Bajaj Finance and Power Grid Corporation were among top gainers in the Nifty index. HPCL, Hindalco
Industries, ICICI Bank, Tata Motors and Vedanta were among top Nifty losers.