Realty, PSU, rly stocks in red
image for illustrative purpose
New Delhi: Real estate and PSU stocks are the biggest losers in trade on Tuesday as the BSE Sensex slumped below the 71k mark. The real estate index is down 4.6 per cent with deep cuts in stock prices. Shares of Oberoi Realty fell more than 8 per cent, Lodha (8 per cent), Sobha (8 per cent), Prestige (7 per cent). Railway stocks are sharply down in trade on Tuesday after a recent run up.
Railtel is down 9.5 per cent at Rs 401.40 on BSE. Ircon is down 9.4 per cent at Rs 241.95. Rail Vikas Nigam is down 7.25 per cent at Rs 297. Rail Vikas Nigam stock is close to its lower circuit of 10 per cent. RITES is down 7.3 per cent at Rs 581. Texmaco Rail is down 6.8 per cent at Rs 202. IRCTC is down 4 per cent. The PSU stocks index is down more than 3 per cent led by Railway stocks.