Market Highlights - 14 May, 2020

Market Highlights - 14 May, 2020

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💎 For Q4FY20, Siemens posted a lower PAT of Rs.176 crore, revenue dipped to Rs 2,838 crore.      

💎 Hercules Hoists partially resumes operations at Raigad plant.      

💎 Maruti Suzuki to acquire 39.13% stake from Sumitomo Corporation, Japan and 10% stake from Sumitomo Corporation India held in JJ Impex (Delhi).      

💎 Infosys and NICE Actimize start a strategic partnership to offer end-to-end financial crime solutions.      

💎 ABB India posted a lower PAT of Rs.66 crore, revenue declined to Rs.1522 crore. 

💎 Market erases Wednesday's gains with Sensex and Nifty slipping over 2 percent each

💎 Nifty Bank declines 567 points to 19,069 and midcap index 46 points to 13,018

💎 39 Nifty stocks close in the red with Infosys, HDFC being top losers

💎 Reliance Industries, HDFC Twins, Infosys and ICICI Bank top contributors to Nifty's fall

💎 10 of 12 Nifty Bank constituents close lower; HDFC Bank drags index by 292 points

💎 IT Index top losing index, closes below 50-DMA of 13,313

💎 Godrej Consumer surges 5 percent despite reporting earnings below expectations

💎 United Spirits gains 6 percent with most states allowing liquor sales via home delivery

💎 Jubilant LifeSciences continue to gain after management with Gilead for COVID-19 drug

💎 Lupin advances 3 percent after US FDA clears Vizag API unit

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