The Nifty Realty index closed on a positive note with Mahindra Lifespace Developers, Sobha Ltd., Macrotech Developers, Oberoi Realty, and DLF Ltd. as the top gainers. Brigade Enterprises Ltd. and Phoenix Mills Ltd. were the top losers. The Nifty Realty index closed at 933.1, while the NSE Nifty50 index ended at 22336.4.
The Nifty Realty index traded negative in an upbeat market. Gainers included Swan Energy, DLF Ltd., and Sobha Ltd., while Phoenix Mills Ltd., Prestige Estates Projects Ltd., Mahindra Lifespace Developers Ltd., Oberoi Realty Ltd., and Brigade Enterprises Ltd. were the top losers on the index. The Nifty Realty index was down 1.01% at 841.35.
The Nifty Realty index traded negative in an upbeat market. Mahindra Lifespace Developers Ltd., Prestige Estates Projects Ltd., and Brigade Enterprises Ltd. were among the top gainers.
Indian equity indices opened higher for the second straight session on Thursday led by L&T, HDFC Bank and Reliance Industries. The S&P BSE Sensex was trading 145 points or 0.22% higher at 66,264. Nifty50 was trading at 19,755, up 39 points or 0.20% at around 9.16 a.m. Oil prices scaled one-year highs on Thursday, while world stocks eyed their longest losing streak in two years as worries deepened about persistently high interest rates, sending investors to shelter in the safety of a surging U.S. dollar.
The Nifty Realty index traded negative in a weak market. Indiabulls Real Estate Ltd., Sobha Ltd., Brigade Enterprises Ltd., Godrej Properties Ltd., and Oberoi Realty Ltd. were among the top gainers, while Phoenix Mills Ltd., Mahindra Lifespace Developers Ltd., Macrotech Developers Ltd., Prestige Estates Projects Ltd., and DLF Ltd. were the top losers on the index. The Nifty Realty index was down 0.35% at 559.55.