Stock market update: Nifty Realty index advances 0.53% in a weak market
Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
Synopsis The Nifty Realty index was trading 0.53 per cent up at 949.0. NEW DELHI: The Nifty Realty index traded positive around 10:56AM(IST)on Tuesday in a weak market.
ADVERTISEMENT Macrotech Developers Ltd.(up 1.87 per cent), Raymond Ltd.(up 1.28 per cent), Oberoi Realty Ltd.(up 0.79 per cent), Phoenix Mills Ltd.(up 0.46 per cent) and DLF Ltd.(up 0.42 per cent) were among the top gainers.
Prestige Estates Projects Ltd.(down 1.01 per cent) and Sobha Ltd.(down 0.11 per cent) were the top losers on the index.
The Nifty Realty index was up 0.53 per cent at 949.0 at the time of writing this report. Benchmark NSE Nifty50 index was down 219.91 points at 24781.25, while the BSE Sensex was down 807.04 points at 81369.41. Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.
ADVERTISEMENT Shares of Vodafone Idea, Reliance Power, Suzlon Energy, IFCI and InterGlobe were among the most traded shares on the NSE.
Shares of Apollo Micro Systems, Camlin Fine Sc, Stampede Cap(DVR), Cosmo Films and GE T&D India hit their fresh 52-week highs in today's trade, while Godha Cabcon & Insul, Tantia Const, Impex Ferro Tech, Shree Ram Proteins and Protean eGov Techno hit fresh 52-week lows in trade.
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