Nifty below 22,700 level; realty shares decline

The key equity benchmarks traded with modest cuts in early afternoon trade. The Nifty traded below the 22,700 level. Realty shares declined after advancing in the past two trading sessions.

At 12:30 IST, the barometer index, the S&P BSE Sensex declined 476.62 points or 0.65% to 73,142.01. The Nifty 50 index fell 93.65 points or 0.41% to 22,652.90.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index increased 0.41% and the BSE 250 SmallCap Index rose 0.19%.

The market breadth was negative. On the BSE, 1,949 shares rose and 2,095 shares fell. A total of 235 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 23 November 2026 futures were trading at 22,687.70 at a premium of 21.35 points as compared with the spot at 22,652.90.

The Nifty option chain for the 23 November 2026 expiry showed a maximum call OI of 74.1 crore contracts at the 23,500 strike price. A maximum put OI of 58 crore contracts was seen at the 23,000 strike price.

Buzzing Index:

The Nifty Realty index shed 0.59% to 800.30. The index jumped 2.36% in the past two trading sessions.

Brigade Enterprises (down 2.29%), Sobha (down 2.06%), Aditya Birla Real Estate (down 1.97%), Prestige Estates Projects (down 1.74%), DLF (down 0.61%), Oberoi Realty (down 0.46%), Anant Raj (down 0.33%), Godrej Properties (down 0.04%) rose.

Powered by Capital Market - Live News