Market at Close | Nifty holds 21,900, Midcaps continue to outperform

CNBC TV18 By Priyanka Deshpande Published Feb 7, 2024

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[{"selector":"#anim-735393c6-9f23-4e2d-a701-f9244f1e9ae3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4a7d99d3-22dd-4c68-9422-4342cbc1893c","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 172.15986%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex falls 34 points to 72,152 while Nifty gains 1 point to 21,931

[{"selector":"#anim-6f1f50af-07ad-4d9f-9e84-8027699df739","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-178efc7c-2595-42ee-99d3-f8a430223be3","keyframes":{"transform":["translate3d(0px, 262.89683%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Reliance, SBI, Axis Bank are top Nifty contributors

[{"selector":"#anim-86a4b66e-0f96-4817-a506-3566245de6be","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1439553e-a21f-4698-86a2-515d66c1ed8d","keyframes":{"transform":["translate3d(0px, 275.39676%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Midcaps continue to outperform, hits record high

[{"selector":"#anim-b4649cba-1d6d-4cc3-ab4a-f917af8a6b0e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1b9d589f-c21c-46a2-b84c-804a492d287b","keyframes":{"transform":["translate3d(0px, 171.03628%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] PSU banks’ gaining streak continues, many stocks (IOB, UCO) at upper circuit

[{"selector":"#anim-6c27b6fb-f611-494b-aaa5-161a36e6a62d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81061b12-1388-4f4c-9768-7111e014cc08","keyframes":{"transform":["translate3d(0px, 173.28344%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Trent gains up to 20% after a strong Q3, Chambal Fertilisers moves 5% higher as well

[{"selector":"#anim-01fdbdf2-2b73-45dd-8998-0952f02e0d3c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c089765-4710-42be-be7f-ac04b019c97c","keyframes":{"transform":["translate3d(0px, 189.01383%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Delta Corp moves 12% higher on reports of government mulling relief on tax demand

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[{"selector":"#anim-f7f7b778-ba34-476f-9f53-014731f96247","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eb8f4cd1-aa05-44de-87d0-2c1f98e3981b","keyframes":{"transform":["translate3d(0px, 183.39579%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] IT stocks were under pressure, Tech Mahindra, Infosys top losers

[{"selector":"#anim-39c92169-976a-4feb-8c61-f058d2d5c556","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc0f1c4c-2a65-4666-ab07-c0d1d7b9be3b","keyframes":{"transform":["translate3d(0px, 175.53066%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Market coupling recommendations by CERS leads to a fall of over 5% for IEX

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