Friday, May 22, 2020

BULLS HALTED ON THEIR TRACK


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The market closed negative on the last day of the trading week. RBI's credit policy was not liked by the market. Today, NBFC and banking stocks saw the biggest drop. However, auto, IT, media and pharma stocks supported the market. In today's trade.In this week Nifty ends 1.1 % lower at 9039 & Banknifty ends 8% lower at 17278. In stocks  ITC ends as the top gainer this week up 13 % while IndusInd Bank ends as the top losers  this week down 19%.In addition, heavy weakness was also observed in the metal.
TOP GAINERS-ZEEL,M&M,CIPLA,INFY,TECHM
TOP LOSERS-AXIBNK,HDFC,HINDALCO,ICICIBNK

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