Nifty Realty Index Closes on a Positive Note
The Nifty Realty index ended the day with a positive note. Indiabulls Real Estate Ltd., Phoenix Mills Ltd., Sobha Ltd., Oberoi Realty Ltd., and Brigade Enterprises Ltd. were the top gainers, while Godrej Properties Ltd. finished as the top loser.
The Nifty Realty index closed at 701.1, up 1.03%. The benchmark NSE Nifty50 index ended down 9.85 points at 19802.0, and the BSE Sensex stood down 5.43 points at 66017.81.
Stock Performance in the Nifty Index
Among the 50 stocks in the Nifty index, 23 ended in the green, while 25 closed in the red.
Shares of YES Bank, Vodafone Idea, JP Power, Reliance Power, and Suzlon Energy were among the most traded shares on the NSE.
Fresh Highs and Lows
Honasa Consumer, 3i Infotech, Syncom Form, Avadh Sugar Energy, and Intense Tech hit their fresh 52-week highs in today’s trade.
On the other hand, Shaily Engg Pla, Bohra Industries, Lords Chloro, SEL Manufact, and Fourth Dimension Sol hit their fresh 52-week lows.
Hot Take: Mixed Performance in the Realty Sector
The Nifty Realty index had a mixed performance with some companies gaining and others losing. Indiabulls Real Estate Ltd., Phoenix Mills Ltd., Sobha Ltd., Oberoi Realty Ltd., and Brigade Enterprises Ltd. emerged as top gainers. On the other hand, Godrej Properties Ltd. was the top loser.
The Nifty index closed higher, but the overall market sentiment was cautious, with more stocks ending in the red. Investors traded heavily in shares of YES Bank, Vodafone Idea, JP Power, Reliance Power, and Suzlon Energy.
Some stocks hit fresh 52-week highs, including Honasa Consumer, 3i Infotech, Syncom Form, Avadh Sugar Energy, and Intense Tech. Conversely, other stocks reached new 52-week lows, such as Shaily Engg Pla, Bohra Industries, Lords Chloro, SEL Manufact, and Fourth Dimension Sol.
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