Friday, April 17, 2020

NIFTY BOOMING START


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For the current week, market closing in the positive zone on the back of positive global cues and announcement of stimulus package by the RBI. The last day of the week closed with the market rising. Sensex-Nifty jumped about 3.5% today. The Sensex gained 986 points to close at 31,589 points. At the same time, the Nifty rose 274 points to close at 9267 level. Bank Nifty gained 12% to close at 1281 points at 26.81. NBFC, realty shares have shone after RBI action. Auto, private banks are also seen shopping today.Chemical, infra shares also appear in full swing. 
Results from several banks and major companies are coming next week.In ICICI Bank gained 15% this week, Axis Bank grew by 16%. Indusind BK gained 17% this week. At the same time, Cipla saw an 18% increase. Shree Cement gained 19% in this week. At the same time, Vedanta gained 20%. Hindalco gained 22% this week.
TOP GAINERS-AXISBNK, EICHERMOTORS, ICICIBNK, MARUTI, INDUSIND
TOP LOSERS -NESTLE, HUL, BHARTI INFRATEL, SUNPHARMA ,TECHM

3 comments:

  1. is market will recover again after lockdown ?

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