Real estate shares in focus; DLF, HDIL, Indiabulls up over 3%

DLF, HDIL, Indiabulls Real Estate, NBCC, DB Realty and Kolte Patil were up between 2% to 5%.

Shares of real estate companies have rallied by up to 5% on the National Stock Exchange (NSE) in an otherwise weak market on back of heavy volumes.

DLF, Housing Development and Infrastructure (HDIL), Indiabulls Real Estate, Ansal Properties, NBCC, DB Realty and Kolte Patil Developers were up between 2% to 5% on the NSE.

At 10:13 am; the Nifty Realty index, the largest gainer among sectoral indices, was up 2% as compared to 0.04% decline in the Nifty 50 index.

Thus far in 2017, in past 11 trading sessions, realty index has outperformed the market by surging