{"id":37687,"date":"2024-02-23T16:44:36","date_gmt":"2024-02-23T11:14:36","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=37687"},"modified":"2024-02-23T16:54:50","modified_gmt":"2024-02-23T11:24:50","slug":"dalal-street-ended-flat-benchmark-indices-closed-on-a-flat-note-to-end-the-week-broader-markets-outperformed-benchmark-indices","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/dalal-street-ended-flat-benchmark-indices-closed-on-a-flat-note-to-end-the-week-broader-markets-outperformed-benchmark-indices\/","title":{"rendered":"Dalal Street ended flat; Benchmark indices closed on a flat note to end the week; Broader markets outperformed Benchmark indices"},"content":{"rendered":"\t\t
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POST-MARKET REPORT<\/strong><\/span><\/p>

Domestic benchmark indices Sensex and Nifty 50 closed flat on Friday, dragged by selling in Information technology (IT), bank, metal, and oil & gas stocks. At close, Sensex ended flat by 15.44 points lower or 0.02% at the 73,142.80 level while the Nifty 50 was down 4.75 points or 0.02% to end at at 22,212.70 level.<\/span><\/p>

The top gainers in the Nifty index were Bajaj Finserve, SBI Life Insurance, Dr Reddys Laboratories, Titan Company, and HDFC Life Insurance Company. On the other hand, the top losers in the Nifty index were Bharat Petroleum Corporation, HCL Technologies, Maruti Suzuki India, Asian Paints, and JSW Steel.<\/span><\/p>

Among sectoral indices, Nifty Media led with a 1.2 percent gain, followed by Nifty Realty and Nifty Consumer Durables, up 1 percent and 0.6 percent respectively. Among the losers, the Nifty PSU Bank index plummeted by 1.1 percent, followed by Nifty IT, Nifty Bank, and Nifty Metals, all down 0.2 percent each.<\/span><\/p>

The broader markets, the Nifty Midcap 100 closed 0.31% higher, and the Nifty SmallCap 100 closed 0.38% higher, both outperforming the benchmark indices.<\/span><\/p>

The Indian rupee depreciated by 8 paise to close at 82.93 against the US dollar<\/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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STOCKS TODAY<\/strong><\/span><\/p>

Vodafone Idea:<\/strong> Shares of Vodafone Idea soared 7.67 percent, extending its rally for the second session after a 6 percent jump in the previous session. The rally is following the company\u2019s announcement that its board is set to meet on February 27 to consider proposals to raise funds.<\/span><\/p>

Olectra Greentech:<\/strong> Shares of Olectra Greentech fell 2.76 percent as investors booked profit after the stock gained in the previous session due to winning Rs 4,000 crore from Brihanmumbai Electricity Supply and Transport Undertaking (BEST) for the supply, operation and maintenance of 2,400 electric buses.<\/span><\/p>

Yes Bank:<\/strong> Shares of Yes Bank fell 3.31 percent after Goldman Sachs downgraded the lender along with SBI Bank and ICICI Bank, reasoning the Goldilocks period of strong growth and strong or visible profitability was over for the financial sector for the near term.<\/span><\/p>

Indus Towers:<\/strong> Shares of Indus Towers surged 6.82 percent after Vodafone\u2019s board announcement of a meeting for fundraising. Vodafone Idea was not paying Indus Towers on time, leading to receivables at one point rising to Rs 5,500 crore, according to a note from BofA Securities on January 10. The brokerage noted that the situation has improved and the company has been paying monthly invoices regularly.<\/span><\/p>

Sona Blw Precision Forgings:<\/strong> Sona Blw Precision Forgings stock rose 5.88 percent after the company became the first automotive component manufacturer to receive certification under the Auto Production Linked Incentive (PLI) scheme.<\/span><\/p>

Dilip Buildcon:<\/strong> Shares of Dilip Buildcon fell 1.62 percent despite the infra company executing a concession agreement with the Public Works Department in Goa. The total cost of the project is Rs 270.07 crore.<\/span><\/p>

Orient Cement:<\/strong> Orient Cement stock fell 5.64 percent with higher than average trade volume in the session. 20 lakh shares were traded compared to the monthly average of 8 lakh.<\/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":"POST-MARKET REPORT Domestic benchmark indices Sensex and Nifty 50 closed flat on Friday, dragged by selling in Information…","protected":false},"author":5,"featured_media":37689,"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-37687","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 ended flat; 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