
Quick Wrap: Nifty Realty Index rises 1.72%
Nifty Realty index closed up 1.72% at 938.7 today. The index is up 9.00% over last one month. Among the constituents, Raymond Ltd added 2.91%, DLF Ltd rose 2.87% and Phoenix Mills Ltd gained 2.43%. The Nifty Realty index is down 7.00% over last one year compared to the 10.14% surge in benchmark Nifty 50 index. In other indices, Nifty Pharma index added 1.25% and Nifty PSE index gained 1.21% on the day. In broad markets, the Nifty 50 increased 0.52% to close at 24813.45 while the SENSEX recorded a gain of 0.51% to close at 81596.63 today.
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The Hindu
an hour ago
- The Hindu
Equity MF net inflows dip to one-year low at ₹19,013 crore
Mumbai Net inflows into large cap mutual fund schemes halved to ₹1,250.4 crore in May, according to data from the Association of Mutual Funds in India (AMFI). Mid cap schemes dipped 15.25% to ₹2,808.7 crore, while net inflows into small cap funds fell 20% to ₹3,214 crore in May 2025. The reduced inflows coincided with a three-month low monthly return in Nifty 50. The index was up just 1.7% by the end of May. This was 3.5% in April and 6.4% in March. This cooling down of returns comes at a time of increased volatility owing to tariff announcements and tensions between India and Pakistan, which may have created caution among investors, according to industry experts. 'Equity inflows moderated to ₹19,013 crore this month, reflecting cautious investor sentiment amidst market volatility,' said Venkat Chalasani, CEO, AMFI. SIPs remain flat Systematic Investment Plans' (SIP) contribution stayed more or less flat at ₹26,688 crore in May 2025. The number of contributing SIP accounts too stayed at 8.6 crore in May.
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Business Standard
2 hours ago
- Business Standard
Grasim: Investors bet on paints, ignore weakness in core business
Investors and analysts are betting on a fast ramp-up in paints division and its e-commerce venture of selling construction goods Krishna Kant Mumbai Listen to This Article The AV Birla group flagship Grasim Industries has been an outperformer on the bourses. The company's stock price is up 56.5 per cent in the last two years, compared to 30.8 per cent rally in the benchmark Nifty 50 during the period. The stock has also outperformed in the recent rally and is up 10.7 per cent since the start of 2025 calendar year, compared to 6.2 per cent rise in the benchmark index in the period. The numbers, however, suggest that the rally has been driven by a valuation rerating of Grasim rather than underlying rise in its earnings.

Economic Times
3 hours ago
- Economic Times
ET Market Watch: Sensex Ends Flat as Banks Drag, Nifty Holds 25,100
Transcript D-Street hit the pause button today! The Sensex slipped 53 points, closing at 82,391, while the Nifty managed to hold above 25,100 — up just 1 point! Why flat? Banking stocks dragged the mood down despite global optimism and RBI policy support. HDFC Bank and ICICI Bank cooled off after a 4-day rally — both down nearly 0.6–0.8%. But tech saved the day! Nifty IT jumped 1.7% — thanks to hopes of a U.S.-China trade thaw. Top gainers? Tech Mahindra, Infosys, HCL Tech – all up over 1–2%. Big movers: • RattanIndia Enterprises +19% • Reliance Power +10% • Adani Power +5% However, real estate slipped: Prestige, DLF, Lodha — all fell 1–3%. Globally? Markets are cautiously optimistic as U.S.-China trade talks extend into a second day. Fed rate cut bets are cooling. Traders broadly expect the Federal Reserve to hold rates steady at its policy meeting next week, with markets pricing in just 44 basis points of rate cuts by December. The Indian rupee closed at 85.6025 against the U.S. dollar on Tuesday, nearly unchanged from its previous close of 85.62, mirroring muted moves in most Asian currencies. Oil prices edged higher on Tuesday, supported by optimism around ongoing U.S.-China trade talks and expectations of a slight dip in Saudi Arabia's crude exports to China. Brent crude futures rose 16 cents to $67.20 a barrel while U.S. West Texas Intermediate (WTI) crude gained 14 cents, or 0.2%, to trade at $65.43. Stay tuned. It's a wait-and-watch week — especially for Fed policy next week.