MARKET SUMMARY OF 26 JUN 2019

Despite benchmark indices reaching new heights in early June, the breadth of the market remains weak. This is evident from the fact that almost 20 percent of BSE500 stocks hit their respective 52-week low in June Eighty-eight stocks in the BSE500 index hit their respective 52-week low in June, which include Hindustan Zinc, JSW Steel, Bosch, Motherson Sumi, Vodafone Idea, General Insurance Corp., Lupin, Biocon and YES Bank, among others.Indian tyre companies to gain from CVD duty on Chinese imports; top picks Buzzing stock DHFL falls 9% on partial payment of Commercial Paper dues Shriram Group shares trade weak; Shriram City Union hits 52-week low ICICI Bank, Power Finance, and 12 other stocks hit 52-week highs on BSE 500 Rushil Decor hits lower circuit for 2nd straight day; tanks 28% in two days.SBI Life Insurance hits 52-week high on strong response for share sale.