{"id":41122,"date":"2024-12-23T16:35:23","date_gmt":"2024-12-23T11:05:23","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=41122"},"modified":"2024-12-23T16:40:28","modified_gmt":"2024-12-23T11:10:28","slug":"benchmark-indices-ended-higher-after-a-five-day-losing-streak-sectoral-indices-performed-better-broader-indices-ended-up-slightly-lower","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/benchmark-indices-ended-higher-after-a-five-day-losing-streak-sectoral-indices-performed-better-broader-indices-ended-up-slightly-lower\/","title":{"rendered":"Benchmark indices ended higher after a five-day losing streak;  Sectoral indices performed better; Broader indices ended up slightly lower"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"41122\" class=\"elementor elementor-41122\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-51a8c983 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"51a8c983\" 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-69bc885b\" data-id=\"69bc885b\" 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-3359e18 elementor-widget elementor-widget-text-editor\" data-id=\"3359e18\" 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;\">The Benchmark indices snapped a five-day losing streak and bounced back on December 23, with the Nifty closing around 23,750 led by realty, banking, and metal names.<\/span><\/p><p><span style=\"color: #000000;\">At close, the Sensex was up 498.58 points or 0.64 percent at 78,540.17, and the Nifty was up 165.95 points or 0.70 percent at 23,753.45.<\/span><\/p><p><span style=\"color: #000000;\">The biggest Nifty gainers included JSW Steel, ITC, Hindalco Industries, IndusInd Bank, and Trent, while losers included Hero MotoCorp, Maruti Suzuki, Nestle India, HCL Technologies, and Bajaj Finserv.<\/span><\/p><p><span style=\"color: #000000;\">Among sectors, banks, FMCG, metal, oil &amp; gas, energy, and realty were up 0.5-1 percent, while the media index shed 0.4 percent.<\/span><\/p><p><span style=\"color: #000000;\">The BSE midcap index was up marginally, while smallcap index was down 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<div class=\"elementor-element elementor-element-21b09cb9 elementor-widget elementor-widget-text-editor\" data-id=\"21b09cb9\" 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>\u00a0<span style=\"color: #000000;\"><strong>STOCKS TODAY<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>India Cements:<\/strong> India Cements&#8217; share price surged after the Competition Commission of India (CCI) cleared over Rs 7,000-crore deal. The CCI cleared the deal on December 20, wherein billionaire Kumar Mangalam Birla-promoted UltraTech Cement will acquire a majority stake in India Cements Ltd.<\/span><\/p><p><span style=\"color: #000000;\"><strong>JBM Auto:<\/strong> Shares of JBM Auto Limited surged 5 percent to Rs 1,720 after JBM Ecolife Mobility, a subsidiary of the company, was awarded the contracts as a bus operator for the procurement, operation, and maintenance of 343 electric buses in Ahmedabad.<\/span><\/p><p><span style=\"color: #000000;\"><strong>InterGlobe Aviation:<\/strong> Indigo shares rose after brokerage firm Elara Capital upgraded its rating on parent InterGlobe Aviation, raising it to a &#8216;buy&#8217; from the earlier &#8216;sell&#8217; call. The brokerage cited expectations of strong demand growth through FY28, driven by capacity expansion at major airports, launches of new airports, and the return of the P&amp;W aircraft to IndiGo&#8217;s fleet as key factors behind its upgrade.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Sterling and Wilson Renewable Energy:<\/strong> Sterling and Wilson Renewable Energy shares jumped close after the company announced bagging a domestic order worth nearly Rs 1,200 crore. The company has secured an order for the Design, Engineering, Procurement, and Construction (EPC) for a 500 MW Solar project in Gujarat.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Hindustan Construction Company:<\/strong> Hindustan Construction Company Ltd (HCC) shares tumbled after the construction player announced it divested its stake in Steiner AG. HCC&#8217;s stake in Steiner AG was sold so that the firm could focus on its core EPC operations in India.<\/span><\/p><p><span style=\"color: #000000;\"><strong>New India Assurance:<\/strong> Insurance stocks were trading in the red as GST Council deferred a decision on relief for life, and health insurance premiums during its meeting on December 21 since it required more time to arrive at a consensus. Presently, premiums paid on life and medical insurance largely attract a GST rate of 18%. This led to a decline in the share prices of the insurance stocks.<\/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-8b5fb96 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8b5fb96\" 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-a5121f0\" data-id=\"a5121f0\" 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-2297821 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"2297821\" 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:\/\/instakyc.flattrade.in\/Signup\" 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 The Benchmark indices snapped a five-day losing streak and bounced back on December 23, with the&hellip;","protected":false},"author":5,"featured_media":37651,"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-41122","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":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Benchmark indices ended higher after a five-day losing streak; 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