Wednesday, August 21, 2019

MARKET SUMMARY OF 21 AUG 2019


After trading sideways for most of today's session, benchmark indices ended near the day's low with the Nifty closing below 11,950 levels.At Close, the Sensex was down 267 points at 37,060, while Nifty was down 98 points at 10,918. About 653 shares have advanced, 1800 shares declined, and 144 shares are unchanged.Hero Motocorp, Maruti Suzuki, Infosys, Tech Mahindra and HUL were among major gainers on the Nifty, while losers were Tata Motors, Indiabulls Housing, Yes Bank, Grasim Industries and Tata Steel.All the sectoral indices ended lower led by the metal, PSU bank, energy, infra, FMCG, auto, pharma and IT. Stock alert Britannia Industries falls nearly 4% as worries over demand slump deepen Tata Motors, ONGC.

Tuesday, August 20, 2019

MARKET SUMMARY OF 20 AUG 2019


After three days of gains, Sensex ended in negative on August 20, dragged by losses in bank, financial and energy heavyweights, including Reliance Industries, ICICI Bank and HDFC.After opening with gains, the market benchmark kept trading flat as investors kept awaiting government's clarity on reports of a corporate tax rate cut. Besides, the government is yet to reveal its cards on widely anticipated fiscal stimulus measure which is keeping investors on tenterhooks.Buzzing stocks Oberoi Realty, Capacit'e Infra fall up to 8% on reports of raid by I-T dept YES Bank falls for second straight day, down 15% against QIP price Vodafone Idea falls 6% as CEO Balesh Sharma resigns Karnataka govt cancels NMDC lease for Donimalai mine, opts for auction CG Power tanks 20% after Co recognises 'unauthorized transactions' by staff

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