BSE Sensex higher as blue chips, real estate shares gain
Reuters Posted online: Monday, Dec 23, 2013 at 0000 hrs
The BSE Sensex is up 0.29 per cent, and the broader NSE Nifty is higher 0.36 percent.
Blue chips lead gains with ICICI Bank up 1.5 per cent, ITC Ltd higher 1.25 per cent and Tata Steel up 1.26 per cent.
Real estate companies, seen as oversold in recent months, gain on value-buying: DLF Ltd is up 4.59 per cent, Housing Development Finance Corporation Ltd (HDFC) gains 7.96 percent and Unitech Ltd is higher 4.48 percent. The NSE realty index, down over 35 percent for the year, up 3.79 per cent on the day.