Friday, January 24, 2020

FRIDAY MARKET OUTLOOK


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After bearish market on Friday Nifty made bullish candle led by the profit in Kotak Bank & ICICI Bank. The Sensex rose 0.5 % & end at 41613 while the Nifty  rose 0.5 % & end at 12,248.The market breadth was tilted in favour of bulls.The market continued its upward momentum despite unsupportive global cues. after announcing quarterly result UltraTech Cement Falls 1.6%. AU Small Finance Bank rallies 12%, Bata Stock hiked  2.6 % . Wockhardt 7% & jswsteel down 88%.Yes Bank stock jumped 4.40 %  & close at Rs 42. With today's gains, the stock has extended its winning run into the third consecutive day. In the three sessions, the stock has risen 11.47 %. Tomorrow on Saturday icicibank will report its quarterly results we expected to report 150 % surge profit, in next week we will see result in Wockhardt Ltd, HDFC, M&M, MARUTI SUZUKI,TATACOFFEE.
TOP GAINERS-YESBANK,ULTRACEMECO,TECHM,AXISBANK,TITAN
TOP LOSERS-POERGRID,CIPLA,TATAMOTORS,BPCL , TCS


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