On saturday in budget session market Sensex ended
down 2 % at 39735, & Nifty Slips Below 11,800 points at 11643. ITC, Tata Motors, HDFC and L&T are the top
losers, down over 6 % each. Sensex Gains Slightly up But Still in Red while auto, financial service, FMCG, pharma, PSU banking
and realty were trading in the green. On the other hand, IT, media, metal and
bank traded in the red. HDFC Life, ICICI Pru, SBI Life among top losers. Shares
of HDFC Life Insurance Company down 4 %, SBI Life Insurance down 8 %& ICICI Prudential Life
Insurance 9 %. Earlier,
market benchmark Sensex slumped over 100 points in opening session today ahead
of the release of the Union Budget to be presented by Finance Minister Nirmala
Sitharaman. Tech Mahindra, PowerGrid, Tata Steel, NTPC, Kotak Bank and HCL Tech
were among the top laggards, shedding up to 3%. On the other hand, HUL,
UltraTech Cement, Maruti & Asian Paints were trading in huge profit IDBI
The stock opened at Rs 35.50 against the previous day's close at Rs 33.90 and
touched the intraday high and low of Rs 39.80 and Rs 33.65, respectively. The
most active stocks included State Bank of India, Reliance Industries, IRCTC,
Larsen & Toubro and Maruti Suzuki. Budget
2020: Custom duty on small appliances hiked to 20% Vs 10%, custom duty on fan
upped to 20% Vs 10% & custom duty on specified goods used in refrigerators
& AC hiked to 12.5% Vs 10%. The most active stocks included State Bank
of India, Reliance Industries, L&T & Maruti .
TOP GAINERS- TCS,TECHM,WIPRO,INFY
TOP LOSERS-ITC,LT,SBIN,ONGC,M&M
TOP LOSERS-ITC,LT,SBIN,ONGC,M&M
