Mumbai, April 30 -- The rally came ahead of key earnings announcements from sector majors and coincided with the festival of Akshaya Tritiya, which traditionally sees heightened investment activity.

Among the top performers, Macrotech Developers (LODHA) led the gains with a 4.64% rise, followed by Godrej Properties, which climbed 3.21%. DLF gained 2.32%, while Phoenix Mills advanced 2.14%. Other notable movers included Sobha (up 1.87%), Oberoi Realty (up 1.31%), Brigade Enterprises (up 1.27%), and Prestige Estates (up 0.70%).

Investor sentiment was buoyed by expectations of strong quarterly results from key real estate companies. Phoenix Mills is scheduled to announce its earnings for the January-March quarter on April 30, while Godrej Pr...