Share market update: Realty shares advance; Indiabulls Real Estate surges 9%

realestate-gettyNEW DELHI: Realty shares were trading with gains in Monday’s morning session.

Shares of Indiabulls Real Estate (up 9.47 per cent), Oberoi RealtyNSE 1.76 % (up 1.93 per cent) and SobhaNSE 1.02 %(up 1.19 per cent) were trading in the green.

Brigade Enterprises (up 1.08 per cent), Sunteck Realty (up 0.94 per cent) and Prestige Estates Projects (up 0.74 per cent) too were trading with gains.

Meanwhile, the Nifty Realty index was trading 0.6 per cent down at 274.35 around 11:02 am.

Benchmark NSE Nifty50 index was down 11.45 points at 11,654.50 while the BSE Sensex was up 4.47 points at 38,866.7.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 27 were in the red.

Shares of DLF, SAIL, Bank of Baroda, Indiabulls Housing Finance, YES Bank, Tata Motors, Ashok Leyland, Vedanta and SBI were among the most traded shares on the NSE.