Benchmarks end flat, MidCap index rises 1.5%; PSB, realty stocks in demand

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Business Standard



Closing Bell on February 7: Equity markets were quick to give up early gains and swung between gains and losses in a narror range on Wednesday. The S&P BSE Sensex, eventually, settled at 72,152, down 34 points or 0.05 per cent, while the Nifty50 ended at 21,931, up 1 point or 0.01 per cent. 


SBI, JSW Steel, HDFC Life, Grasim, Bajaj Finance, Hindalco, Asian Paints, Ultratech Cement, Axis Bank, Sun Pharma, and Nestle India were the lead winners on the benchmarks, up between 1.5 per cent and 4 per cent.


On the downside, Infosys, Power Grid Tech M, Adani Ports, BPCL, and TCS fell over 1 per cent each. 


In the broader markets, the BSE MidCap index gained over 1.48 per cent, while the BSE SmallCap index advanced 0.35 per cent.


Among sectors, all but the Nifty IT index gained led by the Nifty PSU Bank index (up 3.49 per cent), followed by the Nifty Realty index (1.4 per cent), and Nifty Media index (1.37 per cent). 



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