{"id":39978,"date":"2024-09-20T16:31:56","date_gmt":"2024-09-20T11:01:56","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=39978"},"modified":"2024-09-20T16:34:08","modified_gmt":"2024-09-20T11:04:08","slug":"dalal-street-went-bullish-benchmark-indices-touched-all-time-highs-all-the-sectoral-indices-closed-green-broader-market-indices-ended-higher-by-a-percent","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/dalal-street-went-bullish-benchmark-indices-touched-all-time-highs-all-the-sectoral-indices-closed-green-broader-market-indices-ended-higher-by-a-percent\/","title":{"rendered":"Dalal Street went Bullish; Benchmark indices touched all-time highs; All the sectoral indices closed green; Broader market indices ended higher by a percent"},"content":{"rendered":"\t\t
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POST-MARKET REPORT<\/strong><\/span><\/p>

The Indian benchmark indices extended gains for the second consecutive session to hit fresh all-time highs amid positive global cues and buying across the sectors.<\/span><\/p>

At close, the Sensex was up 1,359.51 points or 1.63 percent at 84,544.31, and the Nifty was up 375.20 points or 1.48 percent at 25,791.<\/span><\/p>

The biggest gainers on the Nifty were M&M, ICICI Bank, JSW Steel, Bharti Airtel, and L&T, while losers included Grasim Industries, SBI, IndusInd Bank, TCS, and Bajaj Finance.<\/span><\/p>

On September 20, BSE Sensex and Nifty hit fresh highs of 84,694.46 and 25,849.25, respectively. For the week, both the benchmarks rose 2 percent each.<\/span><\/p>

All the sectoral indices ended in the green with auto, bank, capital goods, healthcare, FMCG, power, telecom, metal, and realty rising 1-3 percent.<\/span><\/p>

Broader markets, BSE midcap and smallcap indices, rose 1 percent each.<\/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>

Jyothy Labs:<\/strong> Shares of Jyothy Labs Limited surged to Rs 556 in the morning trade on September 20 after the company announced the acquisition of ‘Quiclo’, a laundry service brand owned by Smartwash Solutions Private Limited. The acquisition includes Quiclo\u2019s software and customer database, marking a strategic move to strengthen the company’s presence in the laundry service sector.<\/span><\/p>

Patel Engineering:<\/strong> Patel Engineering shares rose over 5 percent after the company announced that it has secured a Rs 240-crore NHPC contract for Teesta-V Power Station. The contract involves civil and hydro-mechanical works for modifying the diversion tunnel into a tunnel spillway arrangement at the Teesta-V Power Station in Sikkim, the company said in a regulatory filing on Friday.<\/span><\/p>

Suzlon Energy:<\/strong> Shares of Suzlon Energy edged higher as the renewable energy solutions provider’s stock has been excluded from the Stage 1 Additional Surveillance Measure (ASM) framework. The stock was earlier placed under this regulatory mechanism by the stock exchange. Stage 1 ASM is a regulatory framework used by Indian stock exchanges to monitor and control unusual price movements or volatility in stocks.<\/span><\/p>

Force Motors:<\/strong> Shares of Force Motors Limited surged 10 percent to Rs 7,420 on September 20, registering their largest gain in nearly fifty days, following a four-day losing streak on the bourses. Trading volumes were robust, with over 71,000 shares changing hands\u2014more than double the one-week and one-month average of 35,000 shares.<\/span><\/p>

RITES:<\/strong> Shares of RITES jumped by up to 12 percent as buying interest surged on the ex-bonus and ex-dividend trading day. The record date for eligibility for the 1:1 bonus and Rs 5 per share dividend is set for September 20. Investors need to purchase RITES shares to ensure their names are included on the shareholders’ list by the record date.<\/span><\/p>

Interglobe Aviation:<\/strong> Shares of Interglobe Aviation declined after Investec downgraded the low-cost carrier to ‘sell’ from ‘hold’ and shared a target price of Rs 4,050, implying a further slide of 15 percent from current levels. The downgrade by Investec comes on the back of an “out-of-sync valuation” that ignores margin risk. Moreover, the brokerage firm feels that the airline operator exhibits unexciting earnings growth over the next three years and premium valuations.<\/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 The Indian benchmark indices extended gains for the second consecutive session to hit fresh all-time highs…","protected":false},"author":5,"featured_media":37952,"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-39978","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 Bullish; 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