Thursday, May 7, 2020

Market Highlights - 07 May, 2020

Market Highlights - 07 May, 2020

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💎 Closing Bell: Sensex down 242.37 points to close at 31,443.38; Nifty ends 71.85 points higher at 9,199.05.     

💎 Continental Bank has selected the TCS’ BaNCS Cloud to offer richer, digitalized customer experiences.     

💎 Apollo Pipes Promoter Sameer Gupta bought another 1,51,000 shares in the company at Rs 315.01 per share.     

💎 JM Financial Q4 Profit rose to Rs.130.56 crore, revenue increased to Rs.835.9 crore YoY.     

💎 Eicher Motors appointed Kaleeswaran Arunachalam as the Chief Financial Officer.     

💎 Sundram Fasteners has partially resumed operations in Tamil Nadu plants.     

💎 Supreme Petrochem itself acquired 10,68,000 shares at Rs.163.8/share.     

💎 GIC Housing Finance paid commercial paper of Rs.200 crore.     

💎 Oriental Hotels’ Board approved raising of additional long term funds up to Rs.100 crore.     

💎 For Q4FY20, Kansai Nerolac Paints reported a 23.47% decline in consolidated PAT at Rs.65.36.

💎 Market erases Wednesday's gains, Nifty fails to hold 9,200

💎 Sensex closes with a cut of 242 points at 31,443 and Nifty 72 points at 9,199

💎 Nifty Bank falls 203 points to 19,492 and midcap index 69 points to 12,831.

💎 RIL, Axis Bank and IndusInd Bank support while HDFC twins, Kotak Mahindra Bank drag market

💎 OMCs slip for 52nd day after government leaves fuel price unchanged after excise hike

💎 HCL Technologies earnings beat estimates, but stock 6 percent off highs as guidance not given

💎 ITC remains under pressure, falls for 5th consecutive session

💎 IndusInd Bank up nearly 100 percent from 52-week low

💎 Yes Bank closes 7 percent higher amid volatility after Q4 earnings

💎 Astec Life up for 3rd straight day, up over 30 percent since Q4 earnings
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