Monday, August 19, 2019

MARKET SUMMARY OF 19 AUG 2019

Domestic indices pared gains in the afternoon trade to end flat on Monday. The benchmark S&P BSE Sensex rose 316 points to touch an intra-day high of 37,719 after hopes of a revivial package from the government lifted sentiment at D-Street. Sentiment was also supported by gains in the Asian markets. The S&P BSE Sensex ended 52 points, or 0.14 per cent higher, at 37,402 levels with buying being witnessed across the board. Sun Pharma, Tech Mahindra, Axis Bank, and L&T ended the day as top gainers at the 30-share index, while YES Bank, Power Grid, State Bank of India, and ONGC settled as top laggards. The broader Nifty50, settled at 11,054 levels, up 6 points or 0.05 per cent.Buzzing stock Marico hits new high, gains 10% thus far in August on strong Q1 results INEOS Styrolution freezes at 20% upper circuit on voluntary delisting plan Unnerved by Reliance Jio offer, leading multiplex companies hit back Aavas Financiers rallies 90% so far in 2019 on FPI buying Credit rating agencies, auditors on ED radar in IL&FS charge sheet

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