Nifty Indices Show Decline as Realty Index Falls in Upbeat Stock Market

Thursday, 7 November 2024, 20:59

Indices news highlights the Nifty Realty index falling 0.71% despite an upbeat market. Key stocks such as Mahindra Lifespace Developers and Oberoi Realty showed gains.
Indiatimes
Nifty Indices Show Decline as Realty Index Falls in Upbeat Stock Market

Recent Indices Updates

NEW DELHI: The Nifty Realty index traded negative around 10:29 AM (IST) on Friday despite an upbeat stock market. Mahindra Lifespace Developers Ltd. (up 2.22%) and Oberoi Realty Ltd. (up 0.56%) were among the top gainers. Meanwhile, Macrotech Developers Ltd. (down 2.01%), Phoenix Mills Ltd. (down 1.52%), Sobha Ltd. (down 0.86%), Sunteck Realty Ltd. (down 0.79%), and Brigade Enterprises Ltd. (down 0.7%) saw significant losses on the index.

Current Market Indices Performance

The Nifty Realty index stood at 989.5, reflecting a decline of 0.71% at the time of this report. Notably, the benchmark NSE Nifty50 index was down 12.45 points at 24,186.9, while the BSE Sensex rose by 14.75 points to 79,556.54. Out of the 50 stocks in the Nifty index, 28 were trading in the green and 22 in the red.

Traded Shares and Market Movements

  • Vodafone Idea, ITI Ltd, SAIL, JP Power, and Tata Steel were among the most actively traded shares on the NSE.
  • Tera Software, JSW Holdings, and Shiva Texyarn hit fresh 52-week highs in today's trade.
  • Fresh 52-week lows were recorded by Prince Pipes, Arman Financial, Ola Electric Mobility, Aditya Vision, and 3rd Rock MultiMedia.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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