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On Wednesday market Short covering help nifty
to climb 8300 level.Sensex and Nifty ended
nearly 7 % higher led by buying in RIL, HDFC twins, Kotak Mahindra Bank
& Maruti.,with RIL as the top
gainer, up 14 % to followed by HDFC Bank up 13 % & Kotak Mahindra Bank Conversely,
indusind Bank was 4% down followed by
ONGC, HCL Tech and ITC. All the sectoral indices settled in green.Today stocks Adani Ports, Maruti
Suzuki, UPL, Kotak Mahindra Bank, and RIL which rose over 10% while indusind Bank,
Coal India, IOC, ITC, and ONGC was in top losers stock. Volume spike was seen
in stocks like NCC, Indiabulls Housing Finance, PNB, and YES Bank. Long Buildup
was seen in stocks like Apollo Hospitals, ICICI Bank, DLF, Berger Paints.Short
Buildup was seen in stocks like Bandhan Bank, Havells India, and ACC. The share
price of Reliance Industries ended with gains of over 14 % & Share price of
Bharti Airtel jumped 5 %, HFCL up 4%. In other hand banknifty ended with gains of 8 % with Kotak
Mahindra Bank and HDFC Bank increased over 11 % followed by Axis Bank, IDFC
First Bank, ICICI Bank, Bank of Baroda and RBL Bank & in auto stocks Maruti Suzuki which increased over 11%. Companies across the country have shut down their
offices and plants following the government order. As a result, not only small
but even large companies will take a big hit on their financials.
TOP GAINERS-RELIANCE,HDFC TWINS,UPL,MARUTI,GRASIM,AXISBNK
TOP
LOSERS-IOC,COALINDIA,WIPRO,GAIL,ITC,ONGC,CIPLA
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