Nifty Realty index sees new high; DLF, HDIL, Sobha top performers
Shares of DLF, Sobha and Godrej Properties raised over 100% in the last 12 months
At 12.43 pm, the index was trading 1.22% up at 337.30 points. Image source: Reuters
Shares of real estate companies continue their upward rally with the Nifty Realty index hitting a fresh 52-week high of 337.70 on the NSE in intra-day trade. The index has gained over 102% in the calendar year 2017 (CY17).
At 12.43 pm, the index was trading 1.22% up at 337.30 points. Shares of DLF at 254.45 (up 3.67), Housing Development & Infrastructure (HDIL) (up 2.94%), Sobha Ltd (up 1.30), Indiabulls Real Estate Limited (up 0.91%) and Oberoi Realty (up 0.58%) were the stocks performing well on the NSE.
Godrej Properties was up 0.20% with hitting day's high of 705.50 points, while shares of DLF, Sobha and Godrej Properties raised over 100% in the last 12 months.
The Phoenix Mills Limited (-0.33), Unitech (-1.97%) and Brigade Enterprises (-1.78) were trading in the negative territory.
Benchmark NSE Nifty50 index was down 7 points down at 10,486, while the BSE Sensex was 17 points down at 33,923.
Among the 50 stocks in the Nifty50 index, 29 were trading in the green, while 20 were in the red and 1 remained unchanged.
In the Nifty 50 index, Bosch, Oil & Natural Gas Corporation, Vedanta, GAIL, Cipla and Asian Paints were among the top gainers.
In the morning trade today, stock indices crossed new milestones with the Sensex topping 34,000 for the first time and the Nifty hitting a fresh high of 10,515.
At 12.43 pm, the index was trading 1.22% up at 337.30 points. Shares of DLF at 254.45 (up 3.67), Housing Development & Infrastructure (HDIL) (up 2.94%), Sobha Ltd (up 1.30), Indiabulls Real Estate Limited (up 0.91%) and Oberoi Realty (up 0.58%) were the stocks performing well on the NSE.
Godrej Properties was up 0.20% with hitting day's high of 705.50 points, while shares of DLF, Sobha and Godrej Properties raised over 100% in the last 12 months.
The Phoenix Mills Limited (-0.33), Unitech (-1.97%) and Brigade Enterprises (-1.78) were trading in the negative territory.
Benchmark NSE Nifty50 index was down 7 points down at 10,486, while the BSE Sensex was 17 points down at 33,923.
Among the 50 stocks in the Nifty50 index, 29 were trading in the green, while 20 were in the red and 1 remained unchanged.
In the Nifty 50 index, Bosch, Oil & Natural Gas Corporation, Vedanta, GAIL, Cipla and Asian Paints were among the top gainers.
In the morning trade today, stock indices crossed new milestones with the Sensex topping 34,000 for the first time and the Nifty hitting a fresh high of 10,515.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
Updated: Tue, Dec 26, 2017
01:30 PM IST
01:30 PM IST
ZeeBiz WebDesk
RELATED NEWS