Nifty Realty index soars 3% led by Indiabulls Real Estate, DLF

Shares of Indiabulls Real Estate surged 7%, and were the top performers on the index.

Mar 12, 2019 05:03 IST India Infoline News Service

Real Estate market
The Nifty Realty index gained 3% in the morning trade on Tuesday amid heavy buying in Indiabulls Real Estate, DLF, Mahindra Lifespace, and Sunteck.

Shares of Indiabulls Real Estate surged 7% and were among the top performers on the index.

Shares of DLF, Mahindra Life and Sunteck also contributed to the gains by rising over 3-4%, respectively, while those of Godrej Properties, Sobha and Oberoi Realty gained 2% each.

Meanwhile, equity benchmark indices extended gains and hit fresh intraday high with the Sensex trading 449 points higher at 37,501 levels. Nifty also gained 132 points to trade at 11,300.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while eight were in the red.

Related Story