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Real Estate stocks edge lower

Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 15.49 points or 0.64% at 2420.95 at 13:48 IST. Among the components of the S&P BSE Realty Index index, Phoenix Mills Ltd (down 3.24%), Godrej Properties Ltd (down 2.23%), Mahindra Lifespace Developers Ltd (down 1.67%), Sunteck Realty Ltd (down 0.59%), Indiabulls Real Estate Ltd (down 0.52%), and Oberoi Realty Ltd (down 0.12%), were the top losers. On the other hand, Brigade Enterprises Ltd (up 1.83%), Sobha Ltd (up 1.24%), and DLF Ltd (up 1.1%) turned up. At 13:48 IST, the S&P BSE Sensex was up 356.31 or 0.74% at 48609.82. The Nifty 50 index was up 104.9 points or 0.72% at 14601.4. The S&P BSE Small-Cap index was up 146.17 points or 0.67% at 22031.86.

Barometers trade near day s high

The barometer indices traded near the day s high with decent gains in mid-afternoon trade. The Nifty traded near the 14,600 mark. Realty stocks declined for the sixth trading session. At 14:30 IST, the barometer index, the S&P BSE Sensex, rose 327 points or 0.68% at 48,580.82. The Nifty 50 index gained 88.25 points or 0.61% at 14,584.40. In the broader market, the S&P BSE Mid-Cap index added 0.71% while the S&P BSE Small-Cap index rose 0.65%. The market breadth was strong. On the BSE, 1,736 shares rose and 1,151 shares fell. A total of 164 shares were unchanged. Coronavirus Update: Total COVID-19 confirmed cases worldwide stood at 15,43,66,761 with 32,27,887 deaths. India reported 34,87,229 active cases of COVID-19 infection and 2,26,188 deaths while 1,69,51,731 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.

Real Estate shares gain

Real Estate stocks were trading in the positive zone, with the S&P BSE Realty Index index rising 16.92 points or 0.69% at 2466.31 at 09:48 IST. Among the components of the S&P BSE Realty Index index, Phoenix Mills Ltd (up 1.73%), DLF Ltd (up 1.25%), Prestige Estates Projects Ltd (up 1.05%), Brigade Enterprises Ltd (up 0.78%), Oberoi Realty Ltd (up 0.47%), and Indiabulls Real Estate Ltd (up 0.38%), were the top gainers. On the other hand, Sobha Ltd (down 0.96%), Mahindra Lifespace Developers Ltd (down 0.46%), and Sunteck Realty Ltd (down 0.3%) moved lower. At 09:48 IST, the S&P BSE Sensex was down 129.43 or 0.27% at 48589.09. The Nifty 50 index was down 13.8 points or 0.09% at 14620.35.

Real Estate shares slide

Real Estate stocks were trading with losses, with the S&P BSE Realty Index index falling 37.95 points or 1.54% at 2430.25 at 13:48 IST. Among the components of the S&P BSE Realty Index index, Godrej Properties Ltd (down 4.2%), Mahindra Lifespace Developers Ltd (down 3.64%),Prestige Estates Projects Ltd (down 0.99%),DLF Ltd (down 0.97%),Sunteck Realty Ltd (down 0.62%), were the top losers. Among the other losers were Oberoi Realty Ltd (down 0.18%), Brigade Enterprises Ltd (down 0.12%), and Phoenix Mills Ltd (down 0.03%). On the other hand, Indiabulls Real Estate Ltd (up 2.2%), and Sobha Ltd (up 0.74%) moved up. At 13:48 IST, the S&P BSE Sensex was down 355.24 or 0.73% at 48427.12.

Indiabulls Real Estate Ltd Q4FY21 consolidated net profit climbs to Rs 94 41 crore

Indiabulls Real Estate Ltd Q4FY21 consolidated net profit climbs to Rs 94 41 crore
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