{"id":38235,"date":"2024-04-12T16:29:37","date_gmt":"2024-04-12T10:59:37","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=38235"},"modified":"2024-04-12T16:33:32","modified_gmt":"2024-04-12T11:03:32","slug":"dalal-street-went-bearish-benchmark-indices-ended-a-percent-lower-all-sectors-closed-in-the-red-broader-markets-traded-lower-except-the-nifty-midcap-index","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/dalal-street-went-bearish-benchmark-indices-ended-a-percent-lower-all-sectors-closed-in-the-red-broader-markets-traded-lower-except-the-nifty-midcap-index\/","title":{"rendered":"Dalal Street went Bearish; Benchmark indices ended a percent lower; All sectors closed in the red; Broader markets traded lower except the Nifty Midcap index"},"content":{"rendered":"\t\t
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POST-MARKET REPORT<\/strong><\/span><\/p>

Benchmark indices declined one percent on April 12 due to a broad-based selloff. At close, the Sensex was down 793.25 points or 1.06 percent at 74,244.90, and the Nifty 50 was down 234.40 points or 1.03 percent at 22,519.40.<\/span><\/p>

Top Nifty gainers were Divis Laboratories, Tata Consumer Products, Nestle, and TCS while Sun Pharmaceutical Industries, Maruti Suzuki, Power Grid Corp, and Titan Co were the biggest losers.<\/span><\/p>

All sectoral indices closed in the red. Nifty Pharma and Nifty Healthcare were the worst hit as they were down 1.8 percent and 1.5 percent, respectively. Nifty Media, Nifty PSU Bank, and Nifty FMCG closed over 1 percent lower each.<\/span><\/p>

Considering broader market indices, the BSE midcap index also slipped 0.4 percent and the smallcap index shed 0.5 percent. Further, Nifty Midcap 100 and Nifty Midcap 150 hit their respective record highs in today’s session.<\/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>

TCS:<\/strong> Tata Consultancy Services (TCS) headcount declined for the first time in 19 years, since the company was listed in 2004. India\u2019s largest information technology services company, on April 12, revealed that its headcount declined by 1,759 quarter-on-quarter in the fourth quarter. With the latest fall in headcount, the headcount at TCS stands at 6,01,546 as of March 31, 2024.<\/span><\/p>

CAMS:<\/strong> Shares of Computer Age Management Services Limited (CAMS) gained nearly 4 percent after the company informed the stock exchange on April 11 that the Reserve Bank of India (RBI) has authorized them to operate as an online payment aggregator.<\/span><\/p>

Vakrangee: <\/strong>Shares of Vakrangee jumped in the early trade on April 12 after the company entered an agreement with Global One Enterprises Pvt Ltd (Max TV) to offer subscription-based OTT plans through Vakrangee Kendra networks. Through this tie-up, Max TV will be able to cross-sell various bundled plans to unserved and underserved areas of the country through Vakrangee Kendra networks.<\/span><\/p>

Pratham EPC Projects Limited:<\/strong> Shares of Pratham EPC Projects Limited zoomed 20 percent after the company bagged a Rs 497-crore order, which is more than double its market capitalization of Rs 241 crore.<\/span><\/p>

Dr Reddy\u2019s Laboratories:<\/strong> The share price of Dr Reddy\u2019s Laboratories went down marginally in the opening trade on April 12 even after the company launched its migraine management device in Europe. “The company announced the launch of the drug-free non-invasive migraine management wearable device Nerivio in Germany through its step-down subsidiary Betapharm,” it said in its release.<\/span><\/p>

Trident Limited:<\/strong> The share price of Trident Limited was up nearly a percent at the open on April 12 after the company announced the commissioning of a solar power project in Madhya Pradesh. The company successfully commissioned a 1.1 MWp-solar power project in Budhni, Madhya Pradesh, the company said in an April 10 filing. The total installed capacity of the rooftop plant at the same facility reached 29.5 MWp.<\/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 Benchmark indices declined one percent on April 12 due to a broad-based selloff. At close, the…","protected":false},"author":5,"featured_media":37667,"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":[46,48,47,23],"class_list":{"0":"post-38235","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-stock-market","12":"cs-entry","13":"cs-video-wrap"},"yoast_head":"\nDalal Street went Bearish; Benchmark indices ended a percent lower; All sectors closed in the red; Broader markets traded lower except the Nifty Midcap index - 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-went-bearish-benchmark-indices-ended-a-percent-lower-all-sectors-closed-in-the-red-broader-markets-traded-lower-except-the-nifty-midcap-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dalal Street went Bearish; Benchmark indices ended a percent lower; All sectors closed in the red; Broader markets traded lower except the Nifty Midcap index - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"POST-MARKET REPORT Benchmark indices declined one percent on April 12 due to a broad-based selloff. 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