Wednesday, February 12, 2020

NIFTY CONTINUES UPROAR

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The market continued its uproar on the second day and the Nifty has managed to survive beyond 12200. This is also the highest level in the last 3 weeks. The Sensex has gained 237 points to close at 41,216. At the same time, the Nifty has gained 76 points to close at 12108. Banking stocks were also good buying, due to which the Bank Nifty climbed 242 points to close at 31301,due to purchases in private banks. Kotak Bk, ICICI BK, HDFC BK received the highest contribution. FMCG, metal and auto stocks were strong However, the midcap index has fallen 37 points. Shopping in private banks is showing excitement in the market. KOTAKBNK, ICICIBNK, HDFCBNK are getting the most contribution.  LICHSGFIN, IBULHSGFIN have also fallen 3%.RELIANCE, HDFC TWINS and ICICI Bank have added to the market. After announcing quarterly result PFC share net profit down 19% , ABB India share profit up 80%,HINDALCO share profit fell 24%.
RESULTS-GMRINFRA,PCJWELLER,APOLLO,JA ICORP,BPCL
TOP GAINERS -HUL, KOTAKANK, EICHER ,ICICIBANK , NESTLE
TOP LOSERS - YES BANK, BHARTIINFRATEL, SBI, INDUSIND,BPCL

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