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The Nifty Realty index was trading 0.68 per cent up at 428.75.

A total of 90,504 shares changed hands on the counter till 11:01AM (IST).

Promoters held 63.85 per cent stake in the company as of 30-Jun-2022, while FIIs owned 14.16 per cent, DIIs 13.71 per cent.

With both the PMIs now in the contraction zone, the odds of a recession in the US have increased dramatically as ISM non-manufacturing data are much more reliable indicators than ISM manufacturing data.

The company will be announcing its Q3 results on Monday. The finance sector company is a multibagger with a three-year return of 246%.

"If you look at the ICICI Prudential Balanced Advantage Fund, in March 2020, when the markets fell a lot, we had reached almost 77% equity level which is on the higher side as far as equity levels are concerned because the markets were very cheap. In the last two years, the markets have rallied significantly and today the fund is around 35% equity level."

On the options front, the weekly maximum Call OI is placed at 18000 and then 18100 strikes while the weekly maximum Put OI is placed at 18000, and then towards 17,600 strikes. Meaningful Call writing is seen at 18000 then 18100 strikes while minor Put writing at 17800 then 17600 strikes.

Retail gold buying in major Asian hubs was slow on higher prices at the start of last week, while demand was seen picking up in top consumer China on the back of reopening and upcoming Lunar New Year festival.

Investors have pinned their hopes on the U.S. central bank toning down its aggressive monetary tightening policy. Fed fund futures now imply around a 25% chance of a half-point hike in February, down from around 50% a month ago.

The counter has witnessed a breakout of inverse head & shoulder on the weekly timeframe. But it has given a meaningful correction to retest the previous breakout level of Rs 108. Now it is starting the next leg of a rally towards Rs 65.