Thursday, June 20, 2019

STOCK MOVEMENTS OF 20 JUN 2019


The market saw spectacular run on June 20 as buying across sectors pushed Sensex up over 500 points intraday.The market breadth was also in favour of bulls as about three shares advanced for every two shares falling on the BSE. The Nifty Midcap and Smallcap indices surged more than 1.5 percent each.Yes Bank was biggest gainer among Nifty50 stocks, rising 11 percent followed by Indiabulls Housing , Sun Pharma , IndusInd Bank and L&T .However, UPL, Wipro, Adani Ports, Britannia and Tech Mahindra were losers.Jet Airways was biggest gainer among smallcaps, rising 90 percent while Anil Dhirubhai Ambani Group stocks like Reliance Infrastructure and Reliance Capital rallied 35 percent and 28 percent respectively. Stock of the day Indiabulls Housing to buyback NCDs worth Rs 2,285 crore; stock rallies 8%.Adani Green surges 6% after arm bags 600 MW wind-solar hybrid projects YES Bank dips 5% to trade in double digits for the first time in five years PSP Projects surges 3% on new order worth Rs 607 crore Apollo Hospitals gains over 3% after sale of health insurance biz to HDFC.

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