Live Stock Market Updates – Nifty hovers around 9600, Realty stocks surge
DLF is contributing majorly to the index gains and pulling it to higher levels. DLF is up by 2.1% at Rs 191.55 per share.
Other stocks in the index viz. Indiabulls Real Estate is up 1.2% at Rs 188 per share, Prestige Estates is up 1.7% at Rs 269.85 per share, Godrej Properties is up 1.6% at Rs 558.90 per share, HDIL is up 1.7% at Rs 91 per share and Oberoi Realty is also trading higher by 0.8% at Rs 381 per share.
At 11 AM, the S&P BSE Sensex is trading at 31142 down 13 points, while NSE Nifty is trading at 9603 down 15 points. A total of 71 stocks registered a fresh 52-week high in trade today, while 28 stocks touched a new 52-week low on the NSE.
The BSE mid-cap Index is trading up 0.12% at 14817, while BSE small-cap Index is trading up 0.51% at 15668.
Some buying activity is seen in Telecom, Power and Realty indices, while Auto, Bankex and Oil & Gas indices are showing weakness on BSE.
Aurobindo Pharma, Sun Pharma, Cipla and Lupin are among the gainers, whereas BPCL, IOC, GAIL and Coal India are losing on the NSE.
The INDIA VIX is down 1% at 11.