India's Nifty realty index heads for worst day since June 4

Prestige Estates Projects

19/06/2024 10:42

** India's Nifty realty index  .NIFTYREAL  sheds ~3%, eyes
worst day since June 4 
    ** NIFTYREAL set to snap three straight sessions of gains if
trends hold, among eight sub-indexes falling on the day 
        ** Reuters could not immediately determine the reason
behind the day's move 
  
    ** Broader benchmarks gain between 0.3% and 0.6%  .BO 
    ** All except Sunteck Realty  SUNT.NS  in ten-member
NIFTYREAL logging declines
    ** Heaviest stock on the index - DLF  DLF.NS  - set to break
nine-session gaining run, last down 2.1%  
    ** Brigade Enterprises  BRIG.NS , Sobha  SOBH.NS , Prestige
Estates Projects  PREG.NS  - top three pct losers on the index 
    ** BRIG, SOBH, PREG shed between 3.4%-3.7%  


 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))