Don’t miss the latest developments in business and finance.

Investor confidence buoy Realty; stocks rally

Image
BS Reporter Mumbai
Last Updated : Jan 19 2013 | 11:47 PM IST

Realty gains over 4% at 3,451. Parsvnath Developers and Ansal Infrastructures zoomed 10% each to Rs 89 and Rs 59, respectively.

Unitech has surged over 8% to Rs 77. Omaxe and Orbit Corporation added 6% at Rs 95 and Rs 152, respectively.

DLF, Akruti and Ananat Raj Industies advanced 5% each to Rs 352, Rs 494 and Rs 109, respectively.

The other major gainers were Peninsula Land  and Phoenix Mill.

_______________________________________________

Updated at 1406 Hrs:

Renewed confidence in the global environment has helped realty stocks to gain today on the BSE.

The Realty index opened with a positive gap of  27 points at 2,528 and touched a high of 2,608. The index is now up 111 points (3.5%) at 3,422. In the process, the index has gained over 13% in the past one week.

DLF has surged 5% to Rs 350. Unitech has gained 4% at Rs 74.

More From This Section

HDIL has, however, shed 4% at Rs 295.

Parsvnath has zoomed 8% to Rs 88. Orbitco and Akruti City have added 5% each to Rs 151 and Rs 494, respectively.

Anant Raj Industries, Phoenix Mill, Omaxe and Ansal Infrastructure are the other top gainers.

However, Indiabulls Real Estate dropped 2% to Rs 205.

Also Read

First Published: May 25 2009 | 4:40 PM IST

Next Story