Share market update: Realty shares bullish; Indiabulls Real Estate surges 8%

realestate-gettyNEW DELHI: Realty shares were trading higher in Tuesday’s morning session.

Shares of Indiabulls Real Estate (up 8.24 per cent), DLFNSE 5.74 % (up 5.00 per cent), Sunteck RealtyNSE 4.52 % (up 4.51 per cent) and Brigade Enterprises (up 3.14 per cent) were trading with gains.

Sobha (up 2.17 per cent), Oberoi Realty (up 2.10 per cent), Prestige Estates Projects (up 2.07 per cent) and Godrej Properties (up 1.97 per cent) too were trading in the green.

The Nifty Realty index was trading 3.35 per cent up at 246.65 around 10:46 am.

Benchmark NSE Nifty50 index was up 133.35 points at 11,301.40 while the BSE Sensex was up 454.58 points at 37,508.68.

Among the 50 stocks in the Nifty index, 45 were trading in the green, while 5 were in the red.

Shares of Ashok Leyland, ICICI Bank, PowerGrid, YES Bank, BEL, Tata Motors, NTPC, DLF and SBI were among the most traded shares on the NSE.