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Realty and cement stocks rose on reports the apex court had lifted construction ban in Maharashtra and Uttarakhand. The Nifty Realty index was up as much as 1.8 per cent.
Real estate stocks such as DLF Ltd and Indiabulls Real Estate Ltd rose as much as 2.3 per cent and 5.4 per cent, respectively
Shares in UltraTech Cement Ltd surged as much as 2.7 per cent — their biggest intra-day percentage gain since August 14; Ambuja Cements Ltd was also up as much as 4.4 per cent.
ACC Ltd posted its biggest intra-day gain in six weeks, rising as much as 3.6 per cent.
The Supreme Court on Friday banned construction activities until October 9 in some States and centrally administered territories that have not framed a solid waste-disposal policy, media reports said.
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