Share market update: Nifty Realty top sectoral loser; HDIL, DLF crack 3%

NEW DELHI: The realty index was trading as the top loser among the sectoral indices on NSE in Tuesday's session.

Nifty Realty index was trading 1.46 per cent down at 273.8 around 12:05 pm.

Unitech (down 4.65 per cent), Housing Development & Infrastructure (HDIL) (down 3.09 per cent) and DLF (down 2.98 per cent) were the top losers in the index.

Shares of Indiabulls Real Estate (down 1.90 per cent), Phoenix Mills (down 1.10 per cent), Oberoi Realty (down 1.09 per cent) and Prestige Estates Projects (down 0.34 per cent) too were in the negative zone.

However, Brigade Enterprises (up 1.04 per cent), Sobha (up 0.57 per cent) and Godrej Properties (up 0.27 per cent) were in the green around that time.

Equity benchmarks Sensex and Nifty erased early gains after hitting fresh record highs of 38,402.96 and 11,581.75, respectively.

Market decided to play safe as investors digested US President Donald Trump's comments on alleged manipulation of currencies by China and Europe ahead of the scheduled trade talks.

Benchmark NSE Nifty50 index was flat at 11,551.40, while the BSE Sensex was 18 points down at 38,260.85.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

Tech Mahindra, Wipro, Coal India, UPL and HCL Technologies were among the top gainers, while Tata Steel, BPCL, Hindustan Unilever, State Bank of India and ICICI Bank were among the top losers in the Nifty index.