Realty Stocks Skyrocket On A Lacklustre Day


Realty stocks are seen gaining on Wednesday even as the broader markets are trading with a negative bias. BSE Realty Index is the top performer on Wednesday and is up by more than 1% on an intraday basis.

Godrej properties are up by more than 10.8% at Rs 559 per share. Prestige is up by 4.25% at Rs 251 per share, DLF is up by 1% at Rs 191.3 per share, Oberoi Realty is up by nearly 0.90% at Rs 394.7 per share. Sobha developers and Phoenix Ltd are up by nearly 0.90% while HDIL, Unitech and IB Real estate are down in the range of 0.03% to 1.40%.

Godrej properties, Oberoi Realty and DLF are the top contributors to the realty index gains. Sensex is trading at sub 30000 whereas Nifty is holding onto 9300 levels.

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