Share market update: Infra stocks slump; IRB Infra slips 5%

Shares of IRB Infrastructure Developers (down 5.30 per cent) , SKIL InfrastructureNSE -4.42 % (down 5.00 per cent) , IL&FS Transportation Networks (down 4.46 per cent) , GAYAHWS (down 4.44 per cent) , Atlanta (down 4.43 per cent) , Gayatri Projects (down 4.11 per cent) , Gammon Infrastructure Projects (down 3.33 per cent) , J Kumar Infraprojects (down 2.30 per cent) and Ashoka Buildcon (down 2.23 per cent) were trading with losses.

HG Infra (down 1.94 per cent) , GBL Industries (down 1.69 per cent) , Bharat Road (down 1.45 per cent) , BF Utilities (down 1.36 per cent) , Punj Lloyd (down 0.83 per cent) , MEP (down 0.72 per cent) , KNR Constructions (down 0.70 per cent) , Sadbhav Infrastructure (down 0.65 per cent) and Welspun Enterprises (down 0.28 per cent) too were trading lower.

Meanwhile, Noida Tollbridge (up 16.25 per cent) , Jaypee Infratech (up 9.90 per cent) , GVK Power & Infrastructure (up 4.95 per cent) , Artefact Projects (up 4.64 per cent) , Madhucon Projects (up 2 per cent) and BCPL (up 1.30 per cent) were trading higher.

The NSE Nifty50 index was trading 15.60 points up at 10,813.50 while the 30share BSE Sensex was up 71.83 points at 36,634.74 at around 02:33 pm.

Dr. Reddy’s Laboratories (up 1.97 per cent) , State Bank of India (up 1.92 per cent) , Vedanta (up 1.90 per cent) and Bharti Airtel (up 1.81 per cent) were among the top gainers in the Nifty pack.

On the other hand, Sun Pharmaceutical Industries (down 3.95 per cent) , Maruti Suzuki India (down 3.22 per cent) , Tata Motors (down 2.93 per cent) and Asian Paints (down 2.77 per cent) were trading in the red.

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