Nifty Realty trades higher; Sobha led gains; Hemisphere Properties top laggards

Phoenix and Indiabulls Real Estate were trading marginally lower on the index.

Jul 26, 2021 11:07 IST India Infoline News Service

The Nifty Realty was trading higher on Monday's session tracking positive market cues. Sobha stretched the winning streak followed by Prestige Estates and Oberoi Realty. Hemisphere Properties, Phoenix were under pressure.

At around 11:10 AM, Nifty Realty was trading at 402.90 up 1.85 points or 0.46%, after touching a high of 406.90 and low of 400.25 during intraday trade.

Meanwhile, BSE Sensex was trading at 53,064.62 up 88.82 points or 0.17% and Nifty50 at 15,884.35 up 28.30 points or 0.18%.

Sobha was trading bullish, surging over 2.5% at Rs620.90 per piece followed by Prestige and Oberoi Realty gaining 1.8% and 1.3% each.

DLF has been doing well today. Its stocks was trading at Rs335.90 per piece, up 0.52% to drive the sector.

Stocks like Sunteck (+0.46%), Brigade (+0.17%) and Godrej Properties (+0.15%) also aided in the bullish state of the sector.

On the contrary, Hemisphere Properties emerges top laggard tumbling by 0.75% at Rs145.75 per piece.

Phoenix and Indiabulls Real Estate were trading marginally lower on the index. 

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