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On Friday Despite a rise in number of cases of coronavirus and shutdown enforced in select cities, domestic equity induces paused their losing streak. Today the market bounced on smart gains in energy, pharma and FMCG stocks. Looking at the week-long index, the Nifty dropped 11.8%. This week, while the Sensex fell 12% and the Bank Nifty dropped 19.8%. The midcap index dropped 13% this week while the pharma index dropped 4.3% this week. The metal index declined by 10.5% and the IT index by 8.3%. However Yes Bank is growing at 145%. This week Cadila Health is up 16%, ONGC 11%, ITC 9% and Lupine 6%.
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