Tuesday, May 5, 2020

Market Highlights - 05 May, 2020

Market Highlights - 05 May, 2020

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💎 Closing Bell: Sensex slips 261.84 points to close at 31453.51; Nifty ends 87.9 points lower at 9205.6.     

💎 Bajaj Consumer starts operations at Himachal Pradesh plant.     

💎 IDFC First Bank raises Rs.2000 crore via preferential issue.     

💎 Manappuram Finance to raise up to Rs.500 crore by issuing rated, secured, redeemable non-convertible debentures on private placement basis.     

💎 Ashok Leyland records zero production and sales for the month of April due to the nationwide lockdown.     

💎 Colgate-Palmolive (India) is allowed to resume operations at reduced capacity at all of its manufacturing plants.     

💎 ICICI Bank to consider raising funds via debt.     

💎 Orbit Exports partially resumes operations at factory in Surat and office in Delhi.     

💎 Marico Q4FY20 PAT down 51% at Rs.199 crore.     

💎 Lupin announces a positive result from Phase 3 study of Single-Dose Solosec for trichomoniasis treatment.

💎 Market fails to hold opening gains, ends Tuesday trade near day's low

💎 Sensex falls 810 points, Nifty 245 points and Nifty Bank 951 points from day's high

💎 Nifty closes 88 points lower at 9,206, Sensex 262 points lower at 31,454

💎 Nifty Bank ends 472 points lower at 19,272 and Midcap 91 points lower at 12,817

💎 Nifty PSU Bank falls 3 percent to end at a record closing low

💎 Financials drag Nifty by 63 points while oil & gas supports with 21 points

💎 HDFC Twins, Kotak Mahindra Bank, ICICI Bank, SBI, HUL top Nifty contributors

💎 Reliance lifts Nifty by 21 points, closes with a gain of nearly 2 percent

💎 Bharti Airtel snaps 3-day gaining streak, ends 1 percent lower

💎 S&P says asset quality shocks may result in downgrade of Axis Bank, stock down 3 percent

💎 Liquor stocks under pressure after some states increase excise duty sharply
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