Thursday, August 13, 2020

NIFTY IN CONSOLIDATION MODE

 FOR TOMORROW'S MARKET PREDICTION CONTACT ON 7772909587

On Thursday sensex and nifty erased early gains and ended on a flat note with negative bias , amid mixed global equities. Today Market turned cautious ahead of the release of cpi data. Nifty fallen 8 points to close at 11300 at the end of trading. At the same time, the sensex fell 59 points to close at 38310 level.banknifty fallen 68 points to close at 22196.  Today auto, media and metal stocks outperformed. The media stocks ended 1.5% higher while the auto and metal stocks ended with gains of 1.4% and 1.2% respectively while pharma and psu banks were the laggards in today's session. The pharma stocks  ended lower for the third straight day, down 1% while the psu bank index fell a similar quantum.companies set to announce their earnings was hero motocorp, tata steel, eicher motors, grasim industries, godrej industries, prestige estates among others.
TOP GAINERS-TATAMOTORS,LT,HINDALCO,TITAN,NTPC,IOC
TOP LOSERS-SUNPHARMA,BHARTIAIRTEL,ITC,GAIL,SBIN

2 comments:

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