{"id":40892,"date":"2024-12-04T16:48:00","date_gmt":"2024-12-04T11:18:00","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=40892"},"modified":"2024-12-04T16:48:00","modified_gmt":"2024-12-04T11:18:00","slug":"benchmark-indices-ended-on-a-positive-note-realty-and-psu-banks-gained-more-than-2-percent-each-among-the-sectoral-indices-broader-indices-closed-with-little-gains","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/benchmark-indices-ended-on-a-positive-note-realty-and-psu-banks-gained-more-than-2-percent-each-among-the-sectoral-indices-broader-indices-closed-with-little-gains\/","title":{"rendered":"Benchmark indices ended on a positive note; Realty and PSU Banks gained more than 2 percent each among the sectoral indices; Broader indices closed with little gains"},"content":{"rendered":"\t\t
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POST-MARKET REPORT<\/strong><\/span><\/p>

In a highly volatile session on December 4, the Indian market ended on a positive note and extended the winning streak for the fourth straight session with Nifty around 24,450, led by realty and financial stocks.<\/span><\/p>

The Indian indices opened flat, but buying at lower levels helped Nifty to cross 24,550 in the first half, however, the market erased all the gains during mid-session and traded rangebound to close with marginal gains.<\/span><\/p>

At close, the Sensex was up 110.58 points or 0.14 percent at 80,956.33, and the Nifty was up 10.30 points or 0.04 percent at 24,467.45.<\/span><\/p>

Top gainers on the Nifty were HDFC Life, HDFC Bank, Apollo Hospitals, NTPC, and Bajaj Finserv, while losers are Bharti Airtel, Cipla, Bajaj Auto, Tata Motors, and Adani Ports.<\/span><\/p>

On the sectoral front, auto and FMCG were down 0.7 percent each, while IT and Media were up 0.5 percent each, and realty, PSU Bank gained more than 2 percent each.<\/span><\/p>

The BSE midcap index gained nearly 1 percent and smallcap index rose 0.6 percent.<\/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>

PB Fintech:<\/strong> Shares rose 3.6 percent after the company announced the approval of the incorporation of a wholly owned subsidiary under the proposed names ‘PB Healthcare’ or ‘PB Healthcare Services,’ or any other name as approved by the Ministry of Corporate Affairs, Government of India.<\/span><\/p>

RattanIndia Enterprises:<\/strong> Shares rose over 5 percent buoyed by the strong November sales of its arm–Revolt Motors. Revolt Motors recorded a whopping 197 percent on-year jump in its vehicle sales, with 1,994 units sold in November as compared to the 671 units that were sold in the same month last fiscal. On a month-on-month basis, the increase in vehicle sales was over twofold as compared to the 952 units sold in October.<\/span><\/p>

Honasa Consumer:<\/strong> Shares gained over 6 percent after stock exchange filings showed that co-founder and CEO, Varun Alagh, bought additional shares worth Rs 4.5 crore in the company. With this, Alagh’s stake in the beauty and personal care firm rose to 31.93 percent from the earlier 31.88 percent.<\/span><\/p>

Bajaj Auto:<\/strong> Shares fell nearly 2 percent following reports that the company has cut prices of its Freedom 125, the world’s first CNG motorcycle, just five months after its launch. Brokerage firm UBS Securities pointed out that the two-wheeler company has cut prices for Freedom 125’s entry-level variant by Rs 5,000 and mid-level variant by Rs 10,000 while also slashing prices for select Pulsar variants post Diwali.<\/span><\/p>

Oberoi Realty:<\/strong> Shares rose over 5 percent and hit a record high of Rs 2,164.05 after international brokerage Nomura initiated coverage with a ‘buy’ rating, forecasting an over 21 percent upside in the stock from Tuesday’s closing level.<\/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 a highly volatile session on December 4, the Indian market ended on a positive note…","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-40892","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 positive note; 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