Realty index turns red with Indiabulls Real Estate pulling it down
DSIJ Intelligence / 18 Aug 2017
With Indiabulls Real Estate contributing majorly to the S&P BSE Realty’s losses, the index was trading lower by 1.19% at 2,084 during Friday’s trading session at 1223 hours.
With Indiabulls Real Estate contributing majorly to the S&P BSE Realty’s losses, the index was trading lower by 1.19% at 2,084 during Friday’s trading session at 1223 hours. Sobha was the top loser in the index, trading down by 3.42% at Rs 380 per share.
Among others, HDIL and DLF are contributing more than 9 points in the realty index losses. Unitech, Sobha, HDIL, DLF and Indiabulls Real Estate are among the top losers in the index, trading in the negative territory.
HDIL was trading down by 2.78% at Rs 59 per share, Unitech was trading lower by 3.23% at Rs 7.48 per share, Indiabulls Real Estate dipped by 2.89% at Rs 230 per share, and DLF was lower by 2.62% at Rs 180 per share. However, Oberoi Realty and Omaxe are trading flat.
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