Stock market update: Nifty Realty index falls 1.89%

The Nifty Realty index closed 1.89 per cent down at 499.6.

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: The Nifty Realty index closed on a negative note on Wednesday.

Shares of Phoenix Mills(up 0.49 per cent) ended the day as top gainers in the pack.

On the other hand, Godrej Properties(down 3.34 per cent), Oberoi Realty(down 2.6 per cent), Prestige Estates Projects(down 2.44 per cent), Brigade Enterprises(down 2.21 per cent) and Macrotech Developers(down 2.13 per cent) finished as the top losers of the day.


The Nifty Realty index closed 1.89 per cent down at 499.6.

Benchmark NSE Nifty50 index ended down 103.5 points at 17221.4, while the BSE Sensex stood down 329.06 points at 57788.03.

Among the 50 stocks in the Nifty index, 16 ended in the green, while 34 closed in the red.
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Shares of Vodafone Idea, YES Bank, Alok Industries, Indian Energy Exchg and SAIL were among the most traded shares on the NSE.

Shares of Pearl Polymers, Rajshree Polypack, Borosil L, Bhartiya Intnl and Expleo Solutions hit their fresh 52-week highs in today's trade, while Patel Integrat(PP), Star Health, Nidan Laboratories And Healthcare Ltd., Vikas Multicorp(PP)and SVP Global hit their fresh 52-week lows.
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