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  1. Market Wrap, December 10: SENSEX, NIFTY50 end totally flat; mid and small caps outperform 

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Market Wrap, December 10: SENSEX, NIFTY50 end totally flat; mid and small caps outperform 

Upstox

3 min read | Updated on December 10, 2024, 16:43 IST

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SUMMARY

At close, the S&P BSE SENSEX ended at 81,510.05 levels, up 1.59 points, or 0.00%, while the NSE's NIFTY50 index ended at 24,610.05 levels, down 9 points, or 0.04%.

The top five gainers of the index were Shriram Finance, Bajaj Finserv, HCL Tech, Wipro, and Infosys. 

The top five gainers of the index were Shriram Finance, Bajaj Finserv, HCL Tech, Wipro, and Infosys. 

Stock market today: The equity benchmark indices settled absolutely flat on Tuesday, December 10, ahead of inflation prints from both the US and India. 

US CPI data on Wednesday will likely shape the Federal Reserve's interest rate outlook, which could impact foreign inflows into emerging markets, including India. 

Domestic inflation figures are slated to be released on November 12 (Thursday), with economists expecting inflation to have eased in November, Reuters reported. 

At close, the S&P BSE SENSEX ended at 81,510.05 levels, up 1.59 points, or 0.00%, while the NSE's NIFTY50 index ended at 24,610.05 levels, down 9 points, or 0.04%. 

Here is a look at key developments of today's session

Top gainers and losers

Out of 50 constituents of the NIFTY50 index, 27 declined, and 23 advanced. 

The top five gainers of the index were Shriram Finance, Bajaj Finserv, HCL Tech, Wipro, and Infosys. 
The top five losers were Bharti Airtel, Dr Reddy's, Adani Ports, Adani Enterprises, and HDFC Life. 

As regards the 30-share index of the BSE, SENSEX, 14 stocks ended in the red. 

The top contributors to the index's close in the green were Infosys, ICICI Bank, and State Bank of India (SBI).

Buzzing Stocks

Religare Enterprises: Shares of Religare Enterprises jumped as much as 9.6% to hit a 52-week high of ₹304.30 apiece on the BSE on Tuesday, December 10, after the Reserve Bank of India (RBI) approved the plan of the Burman family to make an open offer for an additional 26% stake in the company. 

This paves the way for a possible resolution of the tussle for control over the non-banking finance company (NBFC).

The stock ended at ₹288, up 3.75% on the BSE. 

Greaves Cotton: Shares of Greaves Cotton jumped over 19% to hit a 52-week high of ₹254.25 apiece on the BSE, as ace investor Vijay Kedia acquired 12 lakh shares, or 0.52% stake in the company, through a block deal. 

A deal worth ₹25 crore, this transaction could be the first time the market veteran has taken a bet on the company, added a news report.

Shares of the company ended at ₹252.10, up 18.13%.

CE Info Systems: The stock of MapMyIndia slipped 5% to ₹1,815 on the BSE. The stock price fell after the board of the company said it had scrapped plans to invest in a company being set up by its outgoing CEO after receiving investor feedback. READ MORE

Broader Market

The broader indices performed way better than the benchmarks. The BSE MidCap index ended at 47,967.15 levels, up 145 points, or 0.30%, while the BSE SmallCap index settled at 57,503.12, up 190 points, or 0.33%. 

Sector Watch

Realty and IT stocks were the top gainers on the BSE. The BSE REALTY index ended at 8,509.42 levels, up 102 points, or 1.22%. 

On the other hand, telecom and utility stocks were the top losers. The BSE Telecommunication index slipped 1.18% to settle at 2,954.61.

Market Statistics

Out of 4,093 stocks traded on the BSE, 2,019 scrips gained, and 1,945 stocks declined, while 129 shares remained unchanged. 

As many as 289 stocks hit their 52-week high on the BSE, while 16 scrips touched their 52-week lows. 

Further, 397 stocks hit their upper circuit limits, and 202 stocks hit their lower circuits.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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