The Nifty Realty index gained 3% in the morning trade on Tuesday amid heavy buying in Indiabulls Real Estate
, 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.