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Market puts a break to 5 straight days of losses, ends flat amid

The market ended up flat on 23rd February after ending in red for 5 consecutive trading sessions. At the time of closing, Sensex was up by 0.01 per cent or 7.09…

Published 2021. CapitalVia was a SEBI-registered investment adviser at the time of writing. The company no longer provides advisory services and is not registered with SEBI — it now offers stock-market education only. The article is kept for its educational content.

The market ended up flat on 23rd February after ending in red for 5 consecutive trading sessions. At the time of closing, Sensex was up by 0.01 per cent or 7.09 points, at 49,751.41 whereas Nifty was up by 0.22 per cent or 32.10 points at 14,707.80.

There was a rise of nearly 4 per cent in Nifty Metal Index whereas 1-2 per cent was added by Energy and Infra indices each. BSE small cap and midcap indices demonstrated a rise of 0.7-1 per cent.

Amongst the major gainers were ONGC, UPL, Hindalco, Tata Motors and Tata Steel whereas some of the losers included Maruti Suzuki, Bajaj Auto, Kotak Mahindra Bank and Divs Labs.

On the BSE, 3.7 per cent was added by metal index and 2 per cent by Capital Goods, Realty and Oil & Gas indices.

A fresh 52-week high was achieved by more than 150 stocks on BSE including Tata Steel, MMTC and ONGC.

Sources