The broader indices outperformed their larger peers, with the mid-cap gaining 0.43%, while small-cap rising by 0.35% in trade. The large-cap index was largely in-line with its larger peers, losing 0.80%.
Fifteen out of the 19 sectoral measures complied by BSE Ltd. decline, with S&P BSE Power losing the most over 1.18%.
About 1,797 stocks rose, 1,536 fell and 165 remained unchanged on BSE.
Godrej Properties has acquired an 18.6-acre land parcel in Mumbai with an estimated revenue potential of around Rs 7,000 crore.
The development will comprise primarily of premium residential apartments with supporting retail spaces.
The project takes the cumulative expected booking value from projects added in FY23 to Rs 16,500 crore as against its full year guidance of Rs 15,000 crore.
The note said that Jefferies would tweak their India long-only portfolio, replacing Jubilant FoodWorks with Adani Ports & Special Economic Zone with 4% weightage.
Other tweaks also include an increase in the weight of Macrotech Developers and DLF by 2% and 1%, respectively. The weightage in Godrej Properties and Century Textiles will be reduced by 1% each.
Jefferies' India long-only portfolio will see a 2% reduction in the weightage of Bajaj Finance while the investment in State Bank of India will be increased by 2%.
In the Asia ex-Japan long-only portfolio, Godrej Properties will be replaced by an investment in Macrotech Developers with a 6% weightage, while the investment in Bajaj Finance will be reduced by 1%.
