Indices: Stock market update: Nifty Realty index falls 0.66%
The Nifty Realty index closed 0.66 per cent down at 527.65.
Source: indiatimes.com
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The Nifty Realty index closed 0.66 per cent down at 527.65.
The Nifty Realty index closed 0.39 per cent down at 531.15.
A total of 23,581 shares changed hands on the counter till 01:20PM (IST)
Though Nifty seems to have formed a new lower top at 19645 levels on Wednesday, there is no indication of any sharp weakness from the lower highs.Nifty has been struggling to hold a short-term moving average i.e. 20 EMA mainly due to the underperformance from the banking pack.
On the technical charts, the 200-day moving average of the stock stood at Rs 764.82.