Realty Stocks In Negative Zone; Sunteck Realty, Indiabulls Real Estate Among Losers In Stock Market India

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Realty stocks plunge up to 6 percent in Stock Market India; Prestige Estates Projects, Godrej Properties top losers

Most realty stocks in stock market India were exchanging the negative zone amid October 4, 2018, session. The Nifty Realty record was exchanging 2.61 percent down at 210 around 2 pm.

Unitech (up 5.56 percent) and Housing Development and Infrastructure (HDIL) (up 4.79 percent) were the best gainers in the realty pack.

Prestige Estates Projects (down 6.35 percent), Godrej Properties (down 5.03 percent) and Sunteck Realty (down 4.48 percent) were the washouts in the reality list.

Shares of Oberoi Realty (down 3.24 percent), DLF (down 1.65 percent), Brigade Enterprises (down 1.37 percent), Sobha (down 0.84 percent) and Indiabulls Real Estate (down 0.83 percent) too were enduring losses.

In stock market India Phoenix Mills (down 2.87 percent) and Sobha (down 1.09 percent) were the two stocks that were down in the record. Unitech (up 1.89 percent), be that as it may, evaded the pattern. The best failures in the Nifty Realty incorporate JMC Projects (down 79.4 percent), Lanco Infratech (down 14.3 percent) and Simplex Projects (down 6.2 percent). Different failures incorporate Shankara Building Products Ltd (down 5.8 percent) and Prestige Estates (down 5.2 percent).

Benchmark NSE Nifty50 record was down 272 points at 10,586, while the BSE Sensex was 856 points down at 35,120.

Among the 50 stocks in the Nifty list, 20 were exchanging the green, while 30 were in the red.

Equity benchmarks Sensex and Nifty were down in the midst of mixed global cues. Stresses over falling rupee, rising crude oil costs and vulnerability over the RBI policy meet later this week pondered on investor sentiment.

ICICI Bank, Bharti Infratel, Larsen and Toubro, UltraTech Cement and Wipro, Indiabulls Housing Finance, Vedanta, UPL, GAIL (India) were among the best Nifty gainers. The most traded stocks in the BSE Sensex are Yes Bank and Vedanta Ltd, Economic Times reported.

Meanwhile, in stock market India, the NSE Nifty is at 10,755. On the other side, Eicher Motors, Hero MotoCorp, Reliance Industries, Bharti Infratel, Tata Motors, ITC, HCL Technologies, IndusInd Bank and Dr. Reddy’s Laboratories were among the failures in the Nifty pack of stocks, according to the Economic Times.

The post Realty Stocks In Negative Zone; Sunteck Realty, Indiabulls Real Estate Among Losers In Stock Market India appeared first on OWLT Market.



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