INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The BSE Realty index finished as the top loser among the sectoral indices on Tuesday.
The index closed the day 1.9 per cent down
at 2,279.70.
Shares of Phoenix Mills (up 2.40 per cent), Sobha (up 0.43 per cent) and Omaxe (up 0.04 per cent) remained in the green in the
realty index.
However, Indiabulls Real Estate tanked over 5 per cent on Tuesday.
Shares of Prestige Estates Projects (down 3.23 per cent),
Oberoi Realty (down 3 per cent), DLF (down 1.76 per cent), Godrej Properties (down 1.61 per cent), Unitech (down 0.81 per cent) and Housing
Development Infrastructure (down 0.74 per cent) also closed in the red.
In a highly volatile session on Tuesday, Indian benchmarks erased
early gains of over 1 per cent to settle in the red zone, as likelihood of Congress-JD(S) alliance forming government in Karnataka hit
investor sentiment in later half of the day.
The BSE Sensex finished day's trading 13 points, or 0.04 per cent, down at 35,544, with 14
stocks advancing and 17 declining.
Nifty50, however, managed to hold the psychologically 10,800-mark
The index slipped just 5 points or 0.04 per cent to settle at 10,802.
Tata Steel, Power Grid, TCS and Kotak Mahindra Bank remained the top
gainers in the Sensex index.
Tata Motors, Coal India and State Bank of India remained the top losers in the Sensex kitty.
