Wednesday, January 15, 2020

INDUSIND BANK CHANGED MARKET SENTIMENT

FOR SUCH LIVE MARKET UPDATES CAN FILL UP THIS FORM
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Today market opened lower after gaining for four consecutive trading sessions. The market breadth however, was tilted in favour of bulls .today indusind bank fell as much as 3 % . This  stock was the worst performer today while the company had reported quarter results yesterday.the biggest news today that the indusland bank declared dhfl exposure as “fraud”that is the reason for banking sector was  down today except yesbank.Wipro ,mindtree tatasteel this stocks reacting on results announcement in that wipro stock down 3 % to rs 248 & net profit fell 3.8 % to rs 2,455 crore & tatasteel stock fell as much as 2 % to rs 31 & net loss was at rs 501.5 crore versus net loss of rs 239.7 crore. Margin was at 5.5 percent versus 20.6 percent while mindtree stock  moving on heavy volume & rose as much as 3.9 % to rs 897 & net profit rose 45 % to rs 197 crore & l&t also up 2% to rs 1,923 after announcing december quarter results. The stock had risen as much as 6.7 %earlier.in closing  market halted their two-day record led by the declines in indusind bank & reliance.
TOP GAINERS- YESBANKGAIL, TITAN, MARUTI, ZEEL
TOP LOOSERS- INDUSINDBKWIPRO, SBIN, INFY, VEDL

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