Monday, April 20, 2020

NIFTY TURNED MUTE AFTER A VOLATILE SESSION


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On the first trading day of the week, there was a lot of session in the market. The Nifty crossed the 9300 level twice in intraday but the closing has been flat in the red mark. At the same time, the  Banknifty  fell in the last hour and closed slipping by more than 150 points. Mid and small cap stocks along with heavyweights saw mixed business. However, in today's business, oil-gas stocks rose well. All sectoral indices, except PSU Bank, Realty and Financial Services sectors, have closed in the red mark in the business of interest. Financials were on both sides of the spectrum in today's trading session.while HDFC BANK was the top gainer today , Infosys, Kotak Bank, Tech Mahindra, HCL Tech and TCS ,ICICIBANK & AXIS BANK was also positive today.IT major Infosys'  price rose 4 % ahead of its Q4 numbers today be declare by the company today,while  Pharma index , Metal index 3.24 %, Auto index 1.68 %, FMCG index fell by almost 2 % was in under pressure . It has closed at the level of 31,648. At the same time, the Nifty has closed at 9266 level with a slight decline of about 0.20 points . After the closure of the market, it has been reported that the next MPC meeting of RBI will be held on 3-5 June.
TOP GAINERS-TATAMOTORS, HDFCBANK, NTPC, INFY, HDFC
TOP LOSERS-HINDALCO,AXISBANK,GRASIM,ITC,MARUTI 

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