Markets came under strong selling pressure in the afternoon with the BSE Sensex and Nifty down nearly 0.7 per cent each.
All the sectoral sub-indices on the BSE were trading in the red. Realty index was the biggest loser, down over 5 per cent.
Among the realty stocks, DLF fell 8.5 per cent to Rs. 140. Among other losers included Unitech, Orbit Corp and Peninsula Land, each down between 7 per cent and 9.5 per cent.
Selling pressure was more pronounced in midcap and smallcap stocks. The BSE midcap index was down 1.7 per cent while the smallcap index fell over 2 per cent.
All the sectoral sub-indices on the BSE were trading in the red. Realty index was the biggest loser, down over 5 per cent.
Among the realty stocks, DLF fell 8.5 per cent to Rs. 140. Among other losers included Unitech, Orbit Corp and Peninsula Land, each down between 7 per cent and 9.5 per cent.
Selling pressure was more pronounced in midcap and smallcap stocks. The BSE midcap index was down 1.7 per cent while the smallcap index fell over 2 per cent.