Categories: Market

Stock market update: DLF, IB Real Estate, HDIL drag realty pack down

New Delhi, September 24, 2018: Strong losses in DLF (down 3.71 per cent), Indiabulls Real Estate (down 3.19 per cent), Housing Development & Infrastructure (HDIL) (down 2.97 per cent) and Prestige Estates Projects (down 2.80 per cent) dragged realty index down in Tuesday’s session.

The Nifty Realty index was trading 2.34 per cent down at 263 around 02:30 pm.

According to reports published in economictimes.indiatimes.com Shares of Oberoi Realty (down 1.81 per cent), Phoenix Mills (down 1.43 per cent), Sobha (down 1.11 per cent) and Godrej Properties (down 0.72 per cent) also suffered losses.

Benchmark NSE Nifty50 index was down 16 points at 11,362, while the BSE Sensex was 37 points down at 37,549.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Recent Posts

NAREDCO Maharashtra NextGen Ties Up with Brigade REAP to Strengthen PROPEL, Empowering Emerging Entrepreneurs in Real Estate

Brigade REAP Incubates 76 Proptech Startups, Leading India's Largest Proptech Ecosystem with ₹200 Cr Earth…

6 hours ago

Dr. Gautam Kanodia: Redefining Luxury Real Estate with KREEVA

New Delhi, November 22, 2024: Dr. Gautam Kanodia has emerged as a visionary leader, redefining…

6 hours ago

The Rise of Premium Luxury Residences: How NCR is Setting New Standards

New Delhi, November 21, 2024: Over the years, Delhi-NCR has emerged as a hotspot for…

1 day ago

3A Composites’ Flagship BrandALUCOBOND Launches a Premium Product ‘ALUCODUAL®’

~ The Company strengthens the product portfolio with the launch of innovative & ‘Made in…

1 day ago

Government Policies and Housing Premiums Under Spotlight in latest Mumbai Realty Report

- NAREDCO Maharashtra and 1 Finance Unveils Comprehensive Study on Mumbai's Real Estate Landscape -…

2 days ago

Onward Workspaces Expands with leasing 18,000 Sq. Ft. Premium Facility at Emaar Capital in Gurgaon, Catering to Global Enterprise

The announcement marks a major step in offering Flexible Grade-A Office Solutions for Modern Businesses…

2 days ago