Monday, June 1, 2020

LOCKDOWN EASED, MARKET ENTHASIASTIC

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The move to Unlock 1 saw a strong fourth session in the market. The 9900 was also done in the Nifty during trading but closed lightly above the upper levels. The Nifty Bank has also managed to hold the strength of around 600 points. Bank, metal, auto stocks are seeing the most purchases. Capital Goods, real estate shares was full of excitement. Midcap  seeing a gain of 400 points, while Fertilizer, NBFC and Cement was stock firms. Among sectors, Bank Nifty was up over 4 % followed by Axis Bank, ICICI Bank, IDFC First Bank, Kotak Mahindra Bank Punjab National Bank and RBL Bank followed by State Bank of India, HDFC Bank and Bank of Baroda. Bajaj Finance stock up 10.5% ends as the top gainer  while Dr Reddy's Laboratories stock down 3% ends as the top losers.
TOP GAINERS-BAJFINANCE,TITAN,TATASTEEL,SBIN
TOP LOSERS-DR.REDDY,INFRATEL,GRASIM

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