Realty stocks such as, Prestige Estates Projects is up by 2.3%, Unitech is up by 2.1%, Godrej Properties is up by 1.4%, DLF is up by 1,1% and Indiabulls Real Estate is up by 0.6% in the BSE Realty index on Friday’s trade.
DLF alone is contributing nearly 50% to the index gains. While some stock in the index such as, Sobha is down by 2.1% and Oberoi Realty is down by 0.7%.
At 1 PM, the S&P BSE Sensex is trading at 29,443 up 110 points, while NSE Nifty is trading at 9,116 up 29 points. A total of 62 stocks registered a fresh 52-week high in trade today, while 26 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading up 0.3% at 13,895, whereas BSE Small-cap Index is trading up 0.6% at 14,122.
Some buying activity is seen in Realty, FMCG, Utilities, Capital Goods and Metal indices, while IT and Oil & Gas indices are showing weakness on BSE.
Bank of Baroda, ICICI Bank, State Bank of India, ITC and Axis Bank are among the gainers, whereas Tech Mahindra, ONGC, Tata Motors, Zeel and Grasim are losing on the NSE.
The INDIA VIX is down 0.5% at 11.7.
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