Real estate stocks in focus; Oberoi Realty, DLF advance over 5%

Shares of real estate companies were in focus with the Nifty Realty index gaining 3 per cent on Friday. Oberoi Realty and DLF rallied 8 per cent and 6 per cent, respectively, on the National Stock Exchange (NSE). Brigade Enterprises, Sobha, Godrej Properties, Sunteck Realty, and Indiabulls Real Estate were up in the range of 1 per cent and 3 per cent.

At 12:26 pm, the Nifty Realty index was up 2.9 per cent, as compared to a 0.38 per cent rise in the Nifty 50 index.

Oberoi Realty hit an over six-month high of Rs 443, up 8 per cent on