Realty index in bullish mood

BSE Realty index was surging higher shoulder to shoulder with the benchmark indices. Unitech was contributing majorly to the Realty index gains.

Unitech soared a whopping 16.60% at Rs 8.92 per share. The stock also traded on a new 52-week high of Rs 9.18 per share on BSE. The stock has spurted in volume by more than 2.48 times and also breached its upper circuit of Rs 9.18 per share.

Other stocks in the index include Indiabulls Real Estate gained 3.9% at Rs 204.80 per share, Godrej Properties gained 2.1% at Rs 514.55 per share, DLF gained 1.3% at Rs 204.00 per share, HDIL is up 1.3% at Rs 85.75 per share and Omaxe gained 0.9% at Rs 206.25 per share.

Meanwhile, Nifty Realty index gained 1.3% at 280.15 level. Unitech and Indiabulls Real Estate were in the top position gaining 15.03% and 3.88%, respectively.

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