Key Indian stock indices traded higher on Thursday, November 7, on the back of gains in real estate names. To remind, the Indian government announced a number of measures aimed at boosting the real estate sector with a total budget of INR 100 bn (USD 1.41 bn). Moreover, the State Bank of India and Life Insurance Corporation of India will allocate INR 150 bn for this purpose.No market-driving macro data is due out today.By the end of the session, the Nifty 50 increased 0.38% to 12,021.05, and the BSE Sensex 30 rose 0.45% to 40,653.74.On the BSE Sensex 30, Sun Pharma and IndusInd Bank outperformed the broader market, advancing 3.50% and 2.74%, respectively. Yes Bank and Hindustan Unilever were out of luck, sliding 3.64% and 1.83%.Among the Nifty 50 gainers, Bharti Infratel and Sun Pharma stood out, surging 3.55% and 3.41%, respectively. Bharti UPL and Yes Bank took a hit, falling 7.84% and 3.57%.On the currency market, the USD/INR pair eased 0.11% to 70.92, and EUR/INR ticked up 0.04% to 78.59. The 10-year bond yield reached 6.496%.Tata Steel shed 0.35% after reporting a 5.97% increase in Q2 net income.O&G companies Hindustan Petroleum and Bharat Petroleum came under pressure ahead of quarterly earnings releases.Aurobindo Pharma added 0.38%, although the US FDA has issued warnings about the company’s factories in Hyderabad.From a technical standpoint, the BSE Sensex 30 is completing a rising wedge, with a breakout to the downside likely in the short term. Meanwhile, the Slow Stochastic Oscillator is on the buy side, and have reached overbought territory already. As a result, the uptrend will likely fade before long.