{"id":38590,"date":"2024-05-15T16:41:49","date_gmt":"2024-05-15T11:11:49","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=38590"},"modified":"2024-05-15T16:47:08","modified_gmt":"2024-05-15T11:17:08","slug":"indian-benchmark-indices-snapped-their-three-day-gaining-session-and-closed-lower-sectoral-indices-performed-mixed-broader-indices-closed-in-green","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/indian-benchmark-indices-snapped-their-three-day-gaining-session-and-closed-lower-sectoral-indices-performed-mixed-broader-indices-closed-in-green\/","title":{"rendered":"Indian Benchmark indices snapped their three-day gaining session and closed lower; Sectoral indices performed mixed; broader indices closed in green"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"38590\" class=\"elementor elementor-38590\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3cf28791 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3cf28791\" 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-4dd096e6\" data-id=\"4dd096e6\" 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-cab2eed elementor-widget elementor-widget-text-editor\" data-id=\"cab2eed\" 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><\/p><p><span style=\"color: #000000;\">Indian benchmark indices closed in the red on Wednesday, weighed down by weak sentiment ahead of the release of crucial inflation data in the US.<\/span><\/p><p><span style=\"color: #000000;\">At close, Sensex was down 117.58 points, or 0.16%, at 72,987.03 while the Nifty 50 was down 17.30 points, or 0.03%, at 22,200.55.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Gainers and Losers on Nifty: <\/strong><\/span><span style=\"color: #000000;\">22 of the 50 stocks on the Nifty 50 were trading in the green. Coal India, Cipla, BPCL, Power Grid Corp., and Bharti Airtel, were the top gainers, while Asian Paints, Eicher Motors, Tata Motors, Bajaj Auto, and HDFC Bank, were the top drags.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Gainers and Losers on Sensex: <\/strong><\/span><span style=\"color: #000000;\">17 of the 30 stocks on the BSE Sensex were trading in the red. Asian Paints, HDFC Bank, Tata Motors, Sun Pharma, and JSW Steel, were the top drags, while Power Grid Corp., Bharti Airtel, NTPC, Mahindra &amp; Mahindra, and Larsen &amp; Toubro, were the top gainers.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Sectoral indices performance: <\/strong><\/span><span style=\"color: #000000;\">Among sectoral indices, the Nifty PSU Bank Index led gainers, up 1.4%, followed by Nifty Realty and oil &amp; gas, both up 1%. Nifty FMCG Index was the top loser, down 1%, with Nifty Auto down 0.5%. Nifty Bank and Nifty Private Bank indices slipped 0.3% each.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Broader indices today: <\/strong><\/span><span style=\"color: #000000;\">The broader market indices were trading in the green, with the BSE SmallCap gaining 0.98%, and the BSE MidCap was up 0.64%.<\/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-6e307c58 elementor-widget elementor-widget-text-editor\" data-id=\"6e307c58\" 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-38591 size-large\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-1024x1024.jpg\" alt=\"\" width=\"1024\" height=\"1024\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-1024x1024.jpg 1024w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-300x300.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-150x150.jpg 150w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-768x768.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-1536x1536.jpg 1536w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-450x450.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-780x780.jpg 780w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5-1600x1600.jpg 1600w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2024\/05\/daily-update-Recovered-5.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>Cipla:<\/strong> Shares of Cipla soared 3.5 percent after three block deals in the counter took place on the exchanges. Around 2.04 crore shares, making up a 2.52 percent stake in the drugmaker changed hands in the three block deals. Cipla later confirmed that its promoters, the Hamied family sold a 2.5 percent stake in the drugmaker.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Power Finance Corp:<\/strong> Power Finance Corp shares surged 3.8 percent after the company reported an 18.4 percent year-on-year jump in its net profit to Rs 4,135 crore for the March quarter. The firm\u2019s revenue grew 20 percent to Rs 12,243.7 crore. The asset quality also improved as net non-performing assets (NPAs) came down to 0.85 percent and gross NPA was down to 3.34 percent.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Siemens:<\/strong> Shares of Siemens surged 6.4 percent on May 15 to hit a 52-week high of Rs 7,240 apiece on the National Stock Exchange (NSE) after the company&#8217;s March quarter results beat street estimates, aided by strong margin performance and higher other income leading to a sharp beat on profit. According to analysts, Siemens is better placed to benefit from robust railway\/metro capex, especially on large system order potential.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Jyothy Lab:<\/strong> The FMCG firm&#8217;s shares tumbled 3.8 percent even as it reported a 32.5 percent jump in its consolidated net profit at Rs 78 crore for the fourth quarter ending March 31, 2024, as against Rs 59 crore in the year-ago period. Its revenue from operations stood at Rs 660 crore in the quarter under review, compared to Rs 617 crore in the year-ago period.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Thirumalai Chemicals:<\/strong> The stock tumbled 4.8 percent to Rs 254 per share on May 15 after the company&#8217;s net loss amounted to Rs 20.47 crore in the quarter ended March 2024 as against a net loss of Rs 12.84 crore during the previous quarter ended March 2023. However, sales rose 22.18 percent YoY to Rs 526.52 crore in Q4FY24.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Archean Chemical:<\/strong> Shares of the company slipped over 3.8 percent to Rs 596 per share after the company reported a 56.4 percent YoY fall in net profit to Rs 59.64 crore in Q4FY24. Net sales also saw a 25.9 percent YoY decline to Rs 283.39 crore in Q4FY24 as compared with Q4FY23.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Andhra Paper:<\/strong> Shares of the paper and pulp manufacturers dropped 2.4 percent to Rs 502.05 per share on the BSE on May 15. The fall came a day after the company announced its March quarter results for FY24 (Q4FY24), along with a stock split and dividend announcement.<\/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-ca95ce6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ca95ce6\" 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-ad138d7\" data-id=\"ad138d7\" 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-d4becab elementor-align-center elementor-widget elementor-widget-button\" data-id=\"d4becab\" 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 closed in the red on Wednesday, weighed down by weak sentiment ahead of&hellip;","protected":false},"author":5,"featured_media":38029,"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":[43,48,47,23],"class_list":{"0":"post-38590","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eveninger","8":"tag-market-update","9":"tag-nifty-today","10":"tag-sensex-today","11":"tag-stock-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>Indian Benchmark indices snapped their three-day gaining session and closed lower; 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