{"id":38372,"date":"2024-04-25T16:32:54","date_gmt":"2024-04-25T11:02:54","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=38372"},"modified":"2024-04-25T16:38:41","modified_gmt":"2024-04-25T11:08:41","slug":"dalal-street-went-bullish-benchmark-indices-closed-higher-for-the-fifth-consecutive-session-all-the-sectors-closed-in-green-except-consumer-durables-and-realty","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/dalal-street-went-bullish-benchmark-indices-closed-higher-for-the-fifth-consecutive-session-all-the-sectors-closed-in-green-except-consumer-durables-and-realty\/","title":{"rendered":"Dalal Street went bullish; Benchmark indices closed higher for the fifth consecutive session; all the sectors closed in green except Consumer durables and Realty"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"38372\" class=\"elementor elementor-38372\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7938ea74 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7938ea74\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-538bf0f2\" data-id=\"538bf0f2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29d06b9 elementor-widget elementor-widget-text-editor\" data-id=\"29d06b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>POST-MARKET REPORT<\/strong><\/span><br \/><span style=\"color: #000000;\">Indian benchmark indices surged for the fifth straight session on Thursday, following a raft of positive earnings reports from companies.<\/span><\/p><p><span style=\"color: #000000;\">At close, Sensex was at 74,339.44, up 486.50 points, or 0.66% while the Nifty 50 was up 167.95 points, or 0.75% at 22,570.35.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Gainers and Losers on Nifty<\/strong><\/span><br \/><span style=\"color: #000000;\">Nine stocks out of the 50 on the Nifty 50 were in the red. Kotak Mahindra Bank, LTIMindtree, Hindustan Unilever, SBI Life, and Titan, were the top drags, while Axis Bank, SBI, Dr Reddy&#8217;s, JSW Steel, and Hero MotoCorp, were the top gainers.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Gainers and Losers on Sensex<\/strong><\/span><br \/><span style=\"color: #000000;\">Five stocks, Kotak Mahindra Bank, Hindustan Unilever, Titan, Bajaj Finance, and Asian Paints, out of the 30 on the Sensex were in the red, while Axis Bank, SBI, JSW Steel, Nestle India, and Mahindra &amp; Mahindra, were the top gainers.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Sectoral indices performance<\/strong><\/span><br \/><span style=\"color: #000000;\">Across sectors, barring Consumer Durables and Realty, which were down 0.43% and 0.25%, respectively, all other sectoral indices ended the day in the green.<\/span><\/p><p><span style=\"color: #000000;\">The PSU Bank index gained the most for the day by 3.77% up at close, followed by the Pharma, Healthcare, and Auto indices, which closed up 1.57%, 1.38%, and 1.27%, respectively.<\/span><\/p><p><span style=\"color: #000000;\">The Bank and Financial Services indices closed up 0.63% and 0.48%, while the FMCG and IT indices closed up 0.67%, and 0.33%, respectively.<\/span><\/p><p><span style=\"color: #000000;\">The broader market also ended in the green, with the BSE SmallCap index gaining 0.54%, and the BSE MidCap index gaining 0.71%.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5fc34945 elementor-widget elementor-widget-text-editor\" data-id=\"5fc34945\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-38373 size-large\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-1024x1024.jpg\" alt=\"\" width=\"1024\" height=\"1024\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-1024x1024.jpg 1024w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-300x300.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-150x150.jpg 150w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-768x768.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-1536x1536.jpg 1536w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-450x450.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-780x780.jpg 780w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14-1600x1600.jpg 1600w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/04\/daily-update-Recovered-14.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p><p><span style=\"color: #000000;\"><strong>STOCKS TODAY<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>Nestle India:<\/strong> Nestle India surged over 2 percent after the FMCG giant reported better-than-expected earnings for the March quarter. The company\u2019s standalone net profit was up 27 percent at Rs 934 crore from the year-ago quarter. The Maggi maker&#8217;s revenue rose nine percent to Rs 5,268 crore.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Brigade Enterprises:<\/strong> The Brigade Enterprises stock gained 1.8 percent after the company announced signing an agreement with IHG Hotels and Resorts to launch the InterContinental brand in Telangana with InterContinental Hyderabad Neopolis. The hotel will have 300 rooms with five dining options, two specialty restaurants, and a lobby lounge.<\/span><\/p><p><span style=\"color: #000000;\"><strong>MAS Financial Services:<\/strong> The MAS Financial Services stock rose over 3 percent after the company reported strong earnings in the March quarter. The company\u2019s consolidated net profit rose 23.3 percent on-year to Rs 69.4 crore and revenue by 24.1 percent YoY to Rs 345.8 crore.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Axis Bank:<\/strong> Shares of Axis Bank jumped 6 percent after the private lender reported a strong set of fiscal fourth-quarter earnings, prompting brokerages to retain their bullish stance. Jefferies shared a \u201cbuy\u201d rating on the stock, with a target price of Rs 1,380 a share. The Q4 surprised positively as profit surpassed estimates by 13 percent, the brokerage said.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Bharat Forge:<\/strong> Bharat Forge gained 7 percent on getting a double upgrade from Bank of America (BofA) Securities. The international brokerage now has a \u2018buy\u2019 call on the stock with a raised target price of Rs 1,450, implying an 18 percent upside from the previous closing price.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Dalmia Bharat:<\/strong> Shares of Dalmia Bharat plunged 7 percent after the cement manufacturer recorded poor earnings for the fourth quarter. Dalmia Bharat reported a 47.5 percent decline in consolidated net profit at Rs 320 crore, compared to Rs 609 crore in the year-ago period.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Indian Hotels:<\/strong> Shares of Indian Hotels declined after the company\u2019s Q4 EBITDA missed the street estimates. The company\u2019s EBITDA grew 23.2 percent to Rs 659.7 crore from Rs 535.5 crore in the year-ago period, while the EBITDA margin was at 34.6 percent compared to 33 percent. The company\u2019s subsidiary performance was stable and overall robust but US operations remained weak.<\/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<section class=\"elementor-section elementor-top-section elementor-element elementor-element-23644ae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"23644ae\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3af18f5\" data-id=\"3af18f5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-393078a elementor-align-center elementor-widget elementor-widget-button\" data-id=\"393078a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/flattrade.in\/open-trading-account-new?utm_source=Google&#038;utm_medium=cpc&#038;utm_campaign=Demat+Account&#038;utm_content=Sitelink&#038;gad_source=1&#038;gclid=CjwKCAiAibeuBhAAEiwAiXBoJOxqC930iY7l3H-v8_T8NDThnAYrAbLjBuxNLqjT1dLHLoWoH_LtLxoCH_0QAvD_BwE\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open 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 Indian benchmark indices surged for the fifth straight session on Thursday, following a raft of positive&hellip;","protected":false},"author":5,"featured_media":36149,"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-38372","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":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dalal Street went bullish; Benchmark indices closed higher for the fifth consecutive session; all the sectors closed in green except Consumer durables and Realty - 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-bullish-benchmark-indices-closed-higher-for-the-fifth-consecutive-session-all-the-sectors-closed-in-green-except-consumer-durables-and-realty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dalal Street went bullish; Benchmark indices closed higher for the fifth consecutive session; all the sectors closed in green except Consumer durables and Realty - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"POST-MARKET REPORT Indian benchmark indices surged for the fifth straight session on Thursday, following a raft of positive&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flattrade.in\/kosh\/dalal-street-went-bullish-benchmark-indices-closed-higher-for-the-fifth-consecutive-session-all-the-sectors-closed-in-green-except-consumer-durables-and-realty\/\" \/>\n<meta property=\"og:site_name\" content=\"Flattrade Kosh\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-25T11:02:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-25T11:08:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/11\/collage-finance-banner-concept.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Flattrade\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Flattrade\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/flattrade.in\/kosh\/dalal-street-went-bullish-benchmark-indices-closed-higher-for-the-fifth-consecutive-session-all-the-sectors-closed-in-green-except-consumer-durables-and-realty\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/dalal-street-went-bullish-benchmark-indices-closed-higher-for-the-fifth-consecutive-session-all-the-sectors-closed-in-green-except-consumer-durables-and-realty\/\"},\"author\":{\"name\":\"Flattrade\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04\"},\"headline\":\"Dalal Street went bullish; 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