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The market closed down on the last day of
trading in the week. A volatile session ended with the Nifty on a negative
note, well below the 9,200 level. The Sensex was down 535 points at 31327,
while the Nifty was down 159 points at 9154. Except Energy and pharma stock all other indices ended lower. The financial
impact of the Franklin Templeton credit crisis was most pronounced on financial
and banking stocks. Due to which the Bank Nifty suffered the most weakness.
Bank Nifty closed 3.4 % down at 19,585 today.
MINDTREE
IT firm, recently acquired by L&T, is
likely to report flat growth in revenue & profit for March quarter due to
unfavourable cross-currency movement.
BRITANNIA FMCG major Britannia Industries declared an interim dividend of Rs 35 per share for 2019-20 financial year.
BHARTI INFRATEL Telecom infrastructure firm Bharti infratelnse -8.49 % reported a 7 % increase in consolidated net profit for the March quarter .
SBI CARD SBI Cards and Payment Services has reported outstanding borrowings worth Rs 17,362.86 crore at the end of March, 2020.
TOP GAINERS-RELIANCE, CIPLA, LT, VEDL, SUNPHARMA
TOP LOSERS-INFRATEL,ZEEL, AXISBNK, HDFC, ICICIBNK
BRITANNIA FMCG major Britannia Industries declared an interim dividend of Rs 35 per share for 2019-20 financial year.
BHARTI INFRATEL Telecom infrastructure firm Bharti infratelnse -8.49 % reported a 7 % increase in consolidated net profit for the March quarter .
SBI CARD SBI Cards and Payment Services has reported outstanding borrowings worth Rs 17,362.86 crore at the end of March, 2020.
TOP GAINERS-RELIANCE, CIPLA, LT, VEDL, SUNPHARMA
TOP LOSERS-INFRATEL,ZEEL, AXISBNK, HDFC, ICICIBNK
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