Tuesday, June 16, 2020

NIFTY CLOSED IN GREEN AFTER VOLATILITY

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Today market amidst increasing tension on the China border, Indian markets has managed to close on the edge today. Sensex gained 376 points to close at 33605. At the same time, the Nifty closed at 9914 with a gain of 100 points. In the weak market, the gains in select metal stocks were intact. JSPL, JSW Steel is up to 2%. Hindalco and MOIL also had purchases. Among sectoral indices, Banknifty ended with gains of 2% led mainly by HDFC Bank and ICICI Bank & The media and metal stocks  was ended with gains of over 1% while I.T. and Auto indices ended flat while FMCG, Pharma, PSU Bank and Realty indices were down. In other side Natco Parma will announce their result tomorrow but its already gain as much as 6% today as the highest level in 4 months.
TOP GAINERS-HDFC TWIN, ICICIBANK, HINDALCO, UPL
TOP LOSERS-TATAMOTORS, TECHM, GAIL, IOC, AXISBANK



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