Nifty PSU bank trades in bearish mood and Realty shares at day’s low

Nifty PSU bank used to be trading in a bearish mood down with the aid of over 1% intraday on Tuesday’s trading session with almost the entire shares buying and selling in a bad territory.
Nifty PSU bank used to be trading in a bearish mood down by way of over 1% intraday on Tuesday’s trading session with almost the entire stocks trading in a poor territory. Nifty PSU bank was trading lower by way of 0.81% at 3,219.55 levels on NSE at 1000 hours.

In the meantime, bank unions on all-India strike on Tuesday in opposition to consolidation plans. Services at public sector banks are anticipated to be hit on a nationwide strike towards bank consolidation, inadequate capital support for banks.

Union bank  and Bank of Baroda was once the highest loser within the index. Union bank was once trading lower via 2.14% at Rs 128 per share. Bank of Baroda was buying and selling down with the aid of 2.11% at Rs 139 per share.
Nifty PSU bank was once buying and selling in a bearish mood down by means of over 1% intraday on Tuesday’s buying and selling session with almost all of the stocks trading in a terrible territory. Nifty PSU financial institution was once trading lower by 0.eighty one% at 3,219.55 ranges on NSE at one thousand hours.

In the meantime, bank unions on all-India strike on Tuesday in opposition to consolidation plans. Services and products at public sector banks are anticipated to be hit on a nationwide strike against financial institution consolidation, insufficient capital strengthen for banks.

Union bank and bank of Baroda used to be the top loser within the index. Union financial institution was trading lower with the aid of 2.14% at Rs 128 per share. bank of Baroda used to be buying and selling down by means of 2.11% at Rs 139 per share.
S&P BSE Realty index was trading  down by using over 1% intraday during Tuesday’s trading  session. Realty index was trading lower through 1.17% at 2041 levels on BSE at 1030 hours.
S&P BSE Realty index used to be trading  down by means of over 1% intraday all the way through Tuesday’s trading  session. Realty index was once trading decrease with the aid of 1.17% at 2041 levels on BSE at 1030 hours.

Oberoi Realty and Indiabulls actual property were contributing majorly to the index losses, contributing more than 10 factors within the losses. while HDIL and DLF were contributing greater than 6 factors to the index losses.

Indiabulls real property was the top loser within the index, trading decrease through 2.63% at Rs 217 per share. DLF was once trading down with the aid of 2.05% at Rs 176 per share.

Among others, Sobha was once trading down via 1.08% at Rs 387 per share, Unitech was trading lower via 0.53% at Rs 7.46  per share, HDIL was dipped by way of 0.26% at Rs 58 per share and status used to be trading down with the aid of 0.23% at Rs 258 per share. While Omaxe and Oberoi real property had been buying and selling flat. Phoenix Ltd was buying and selling up through 0.10% at Rs 540 per share.

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