{"id":36689,"date":"2024-01-02T16:39:36","date_gmt":"2024-01-02T11:09:36","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=36689"},"modified":"2024-01-02T16:45:09","modified_gmt":"2024-01-02T11:15:09","slug":"dalal-street-goes-bearish-benchmark-indices-plunged-auto-it-and-bank-sectors-down","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/dalal-street-goes-bearish-benchmark-indices-plunged-auto-it-and-bank-sectors-down\/","title":{"rendered":"Dalal Street goes Bearish; Benchmark indices plunged; Auto, IT, and Bank sectors Down"},"content":{"rendered":"\t\t
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Sensex falls 379 pts, Nifty around 21,650.<\/span><\/p>

Top losers on the Nifty were Eicher Motors, M&M, UltraTech Cement, L&T, and Kotak Mahindra Bank.<\/span><\/p>

Top gainers were Coal India, Adani Ports, Sun Pharma, Divis Labs, and Cipla.<\/span><\/p>

BSE Midcap and Smallcap indices ended on a flat note<\/span><\/p>

1 US Dollar stands at 83.32 Indian Rupees, The Change in USD to INR rate from the previous day is +0.13%<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\"\"\u00a0<\/span><\/strong><\/p>

STOCKS TODAY<\/span><\/strong><\/p>

GAIL (India):<\/strong> The Company shares sank\u00a0 5 percent intraday on January 2 as Kotak Institutional Equities downgraded the stock of the natural gas company on a negative outlook for gas demand and concerns on fundamentals versus the optimism in the scrip. The stock\u2019s recent run-up has been extremely strong, with GAIL (India) shares jumping more than 50 percent over the past six months. The strong run is driven by optimism, less on fundamentals, said Kotak.<\/span><\/p>

Tata Motors:<\/strong> Shares of Tata Motors extended their uptrend to the fifth straight session and rose 1.5 percent to hit a fresh lifetime high of Rs 804 on January 2. This was after the carmaker reported a 5 percent on-year rise in total sales in December.<\/span><\/p>

Alok Industries:<\/strong> Shares of Alok Industries soared 20 percent and were locked in its upper circuit at Rs 25.80, also its highest level in 52 weeks, on January 2 after Reliance Industries Ltd (RIL) subscribed to non-convertible redeemable preferential shares worth Rs 3,300 crore<\/span><\/p>

Alembic Pharma:<\/strong> Alembic Pharma is planning to launch over 20 products in the current financial year (FY24), focusing on oral solids, injectables, and derma segments. According to the regulatory filing, Alembic has a total of 196 ANDA approvals from the USFDA including 170 final approvals and 26 tentative approvals.<\/span><\/p>

Zomato:<\/strong> The company has raised the platform fee to Rs 4 a day after it achieved a record-breaking number of orders on its app on New Year’s Eve, reaching an all-time high.<\/span><\/p>

Vodafone Idea:<\/strong> Telecom services provider Vodafone Idea on January 2 denied it was in talks with Elon Musk-promoted Starlink to manage its services in India. Following this, the stock, which had run up significantly on the rumor, plunged over 4 percent to Rs 16.24 on the BSE on January 2. In the last six months<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tOpen Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Sensex falls 379 pts, Nifty around 21,650. Top losers on the Nifty were Eicher Motors, M&M, UltraTech Cement,…","protected":false},"author":5,"featured_media":33003,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[44],"tags":[46,48,47,24],"class_list":{"0":"post-36689","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eveninger","8":"tag-market-news","9":"tag-nifty-today","10":"tag-sensex-today","11":"tag-share-market","12":"cs-entry","13":"cs-video-wrap"},"yoast_head":"\nDalal Street goes Bearish; Benchmark indices plunged; Auto, IT, and Bank sectors Down - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/dalal-street-goes-bearish-benchmark-indices-plunged-auto-it-and-bank-sectors-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dalal Street goes Bearish; Benchmark indices plunged; Auto, IT, and Bank sectors Down - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Sensex falls 379 pts, Nifty around 21,650. 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