Housing Finance Companies Pare Morning Loss

Housing Finance companies pared morning losses during the afternoon session. Coral India Finance & Housing Ltd. was the top gainer among the housing finance stocks. The stocks were trading higher by nearly 5% at Rs 219.6 per share. GIC Housing Finance was trading higher by 4.19% at Rs 575 per share.

Other stocks like Canfin Homes, DHFL, PNB Housing and Gruh Housing Finance were also trading in positive territory up by over 1%. However, LIC Housing Finance, HUDCO and HDFC were trading slightly lower as of 1200 hours on Wednesday.

Meanwhile, Nifty was trading up by 7 points at 9,518 level and Sensex was trading higher by 5 points at 30,963 level.

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