Monday, January 27, 2020

THIS WEEK HAS BELONGED TO THE BEARS

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On 1st day of week Nifty closed 1% down. Nifty was traded 129 points lower to end @ 12115. this week has belonged to the bears, as the domestic market remained under pressure during the first three sessions of the week .Shares of IndiGo, HDFC, Torrent Pharma turned volatile on today & fell to bearish territory ahead of their quarterly results that was was released today. On the other hand, shares of Wockhardt and Dr Reddy were trading 1% higher each, ahead of quarterly  results. In terms of sectors, except pharma, all the other indices traded in the red todayDish TV down After Large Trades Shares of Dish TV India fell 1.4 %. The stock had declined as much as 2.8 %earlier.After Quarterly Results Shares of JSW Steel fell 2.2% lower by the opening bell on Monday and fell 4% intraday later, after the compay posted poor quarterly results for October-December month, . UltraTech Cement shares traded 2.5% higher itraday on Monday after the company posted healthy quarterly earnings. Shares of DCB Bank fell to an intraday low falling 2.47% .after the company posted poor quarterly results for October-December month Shares of  jswsteel fell 2.2% lower by the opening bell on Monday and fell 4% intraday later.
TOP LOSERS -TATA STEEL, KOTAK BANK, HDFC TWINS, SBI ,TECHM

TOP GAINERS- ULTRATECH CEMENT, ICICI BANK, M&M, TITAN NTPC 



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