Indices trade sideways; realty shares in demand
At 12:30 IST, the barometer index, the S&P BSE Sensex declined 71.03 points or 0.08% to 73,550.85. The Nifty 50 index rose 6.55 points or 0.03% to 22,758.35.
The broader market outperformed the frontline indices. The BSE 150 MidCap Index advanced 1.03% and the BSE 250 SmallCap Index rose 1.64%.
The market breadth was strong. On the BSE, 2,806 shares rose and 1,111 shares fell. A total of 227 shares were unchanged.
Derivatives:
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 2.79% to 16.68. The Nifty 27 October 2026 futures were trading at 22,745.30 at a discount of 13.05 points as compared with the spot at 22,758.35.
The Nifty option chain for the 27 October 2026 expiry showed a maximum call OI of 293.1 crore contracts at the 23,000 strike price. A maximum put OI of 327.1 crore contracts was seen at the 22,700 strike price.
Buzzing Index:
The Nifty Realty index added 1.72% to 803.30. The index jumped 2.36% in the two consecutive trading sessions.
Godrej Properties (up 3.06%), Anant Raj (up 3.03%), Lodha Developers (up 2.42%), Aditya Birla Real Estate (up 1.98%), Phoenix Mills (up 1.57%), Brigade Enterprises (up 1.39%), Prestige Estates Projects (up 1.29%), Oberoi Realty (up 1.26%), DLF (up 1.13%) and Sobha (up 0.71%) rose.
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