Tuesday, February 18, 2020

NIFTY ATTACKED BY CORONA VIRUS

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On Tuesday bears continue their grip due to corona virus. Today nifty closed near 11992 in red .The fall in banks created market pressure as Bank Nifty  down 118 points to close at 30563.At the same time, the midcap  fallen 99 points to close at 17726. However, there was a good recovery in the market in the last hour. At the end of trading, the Nifty closed up 100 points from the lower level. At the same time, Sensex also improved by 283 points from the lower level.  Bank Nifty has also closed down 310 points from below. Today  buying was seen in oil ,gas & IT stocks While auto, metal stocks were sold & Telecom shares was also in down as Bharti Airtel was looking down 3.5% & Idea down 10%. Today among the most traded shares was Vodafone Idea, YES Bank, Tata Chemicals, Tata Motors, BHEL, Bharti Airtel, SBI, Bank of Baroda and PNB. For tomorrow we expecting better movment will stay in RIL, IBULHSGFIN,IGL,BHEL JSW ENERGY BHARTI AIRTEL, VODAFONE IDEA stocks.
TOP GAINERS-COALINDIA, ZEEL, BPCL, GAIL, SBIN, CIPLA
TOP LOSERS-INFRATEL, YESBANK, HINDALCO, GRASIM

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