{"id":40278,"date":"2024-10-11T16:10:15","date_gmt":"2024-10-11T10:40:15","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=40278"},"modified":"2024-10-11T16:10:15","modified_gmt":"2024-10-11T10:40:15","slug":"benchmark-indices-ended-on-a-flat-note-at-the-weeks-end-sectoral-indices-performed-mixed-broader-market-indices-closed-slightly-higher","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/benchmark-indices-ended-on-a-flat-note-at-the-weeks-end-sectoral-indices-performed-mixed-broader-market-indices-closed-slightly-higher\/","title":{"rendered":"Benchmark indices ended on a flat note at the week’s end; Sectoral Indices performed mixed; Broader market indices closed slightly higher"},"content":{"rendered":"\t\t
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POST-MARKET REPORT<\/strong><\/span><\/p>

In another rangebound session, the Indian equity indices ended lower with Nifty at around 24,950 on October 11.<\/span><\/p>

At close, the Sensex was down 230.05 points or 0.28 percent at 81,381.36, and the Nifty was down 34.20 points or 0.14 percent at 24,964.30. For the week, BSE Sensex and Nifty ended with marginal losses.<\/span><\/p>

Top losers on the Nifty included M&M, TCS, ICICI Bank, Cipla, and Power Grid Corp, while gainers were Trent, Hindalco Industries, HCL Technologies, Tech Mahindra and ONGC.<\/span><\/p>

On the sectoral front, auto, bank, power, and realty indices were down 0.5 percent each, while IT, metal, oil & gas, pharma, and media were up 0.5-1 percent.<\/span><\/p>

The BSE midcap and smallcap indices rose 0.4 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>

Bondada Engineering:<\/strong> Bondada Engineering climbed 5 percent on October 11 after the company bagged two orders, worth a cumulative total of Rs 1,132 crore. The company has secured two EPC (Engineering, Procurement, and Construction) contracts under the MSKVY 2.0 scheme for the development of crystalline ground-mounted solar PV power plants across various districts of Maharashtra.<\/span><\/p>

Cummins India:<\/strong> Shares slipped 6 percent to Rs 3,565 in morning trade on October 11 after Goldman Sachs downgraded the counter to ‘sell’ and trimmed the target price citing numerous concerns for the company. With a price target of Rs 2,900, the international brokerage implies a downside potential of 23 percent from the last closing price of Rs 3,783 on the NSE.<\/span><\/p>

Ashoka Metcast:<\/strong> The stock surged to hit the 20 percent upper circuit after the company reported a significant rise in net profit, surging 894.29 percent on-year to Rs 3.48 crore in the quarter ended September 2024. The company’s sales also saw robust growth, increasing 142.47 percent YoY to Rs 14.33 crore.<\/span><\/p>

Usha Martin:<\/strong> Shares of Usha Martin surged more than 16 percent to hit a fresh record high on account of a sharp surge in trading volumes. So far in the day, around 3 crore shares of the company changed hands on BSE and NSE combined, compared to the one-month average trading volume of 7 lakh shares.<\/span><\/p>

Exide Industries: <\/strong>Shares rose after the auto components company invested over Rs 99 crore in its subsidiary, Exide Energy Solutions, through a rights issue. With this, Exide Industries’ total investment in Exide Energy Solutions has reached Rs 2,852.24 crore, while maintaining its shareholding percentage in the subsidiary.<\/span><\/p>

Just Dial:<\/strong> Shares rose X percent after the company’s net profit for the September quarter doubled to Rs 154 crore from Rs 72 crore last year. The revenue for the quarter increased by 9.1 percent from last year to Rs 284.8 crore.<\/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 In another rangebound session, the Indian equity indices ended lower with Nifty at around 24,950 on…","protected":false},"author":5,"featured_media":37706,"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-40278","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":"\nBenchmark indices ended on a flat note at the week's end; 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