Monday, February 3, 2020

MARKET RECOVERED FROM BUDGET BLUES

FOR SUCH LIVE MARKET UPDATE   ЁЯУЮ 7772909587 ЁЯТм WHATSAPP 9179333088

Today market recovered from the pressure of the Union budget. After the Budget, The business week were started brilliantly. Today the Nifty climbed 46 points to close at 11,708. At the same time, the Sensex gained 137 points to close at 39872. Purchases were seen in all sector except IT. Paint, consumption related stocks given buying opportunity . Auto, metal, power, realty stocks also rose. Small-medium stocks also seen buying today. The midcap index were gained 188 points to close at 17708. At the same time, Bank Nifty closed 202 points up at 30023 on the basis of buying in banking shares. If the HUL was seen as the king of the market by climbing 4%, then NESTLE INDIA were looking for a speed horse. The start of 2020 was disappointing for the auto sector. Auto sector sales declined in the early January of the year due to a decrease in demand. Maruti Suzuki, the largest carmaker, grew by 1 % in the month of January 2020. Meanwhile M&M reported a 6 % decline. Tomorrow Bharti Airtel's results third quarter result will announce. On quarterly basis, the company's revenue is expected to grow by 4 %.
TOP GAINERS-ASIAN PAINT, HINDUNILVR, BPCL, TATASTEEL
TOP LOSERS- YES BANK,ITC,GAIL,TCS,SBIN

No comments:

Post a Comment