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Closing Bell: Nifty ends flat, Sensex rises 224 pts; FMCG gains, power stocks drag.

The BSE midcap and the smallcap indices ended marginally higher.

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CompanyCurrent% Gain
Ambuja Cements352.555.52
Can Fin Homes571.655.51
IDFC First Bank59.65.49
IDFC88.95.39
ITC378.64.76

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Nifty ends flat, Sensex rises 200 pts; FMCG gains, power stocks drag
The BSE midcap and the smallcap indices ended marginally higher. Benchmark indices ended higher in the volatile session on February 2.
ITC, Britannia Industries, IndusInd Bank, HUL and Infosys were among the biggest gainers on the Nifty, while losers included Adani Enterprises, Adani Ports, UPL, HDFC Life and Divis Labs.
Among sectors, FMCG and Information Technology indices gained 1-2 percent, while power, oil & gas, metal indices fell 1-4 percent.
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The price of Bitcoin (BTC) broke through the $24,000 ceiling and the total crypto market cap jumped nearly 4% after United States Federal Reserve Chair Jerome Powell indicated that inflation had begun slowing down in the world’s largest economy.

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Natural gas futures failed to sustain momentum, sliding midweek as traders brushed off what are likely to be temporary declines in production related to freeze-offs and instead focused on a quick warm-up expected this weekend. The March Nymex contract settled Wednesday at $2.468/MMBtu, down 21.6 cents from Tuesday’s close.
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Top 5 Gainers & Top 5 Losers;-

Top GainersTop Losers
No;-Company NameCompany Name
1-ITCAdani Enterpris
2-BritanniaAdani Ports
3-IndusInd BankUPL
4-HULHDFC Life
5-InfosysDivis Labs

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