Market Highlights - 15 May, 2020

Market Highlights - 15 May, 2020

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💎 Closing Bell: Sensex loses 25.16 points to close at 31,097.73; Nifty ends 5.90 points lower at 9,136.85.      

💎 Amundi Funds Equity India bought 18.9 lakh shares in Cummins India at Rs.348.82/share.      

💎 Unichem Labs received an EIR from USFDA for APIs facility at Roha.      

💎 For Q4FY20, India Energy Exchange posted a higher profit of Rs.45.6 crore and a revenue of Rs.69.44 crore.      

💎 Aurobindo and its promoters have settled an alleged insider trading case with the SEBI by paying a settlement amount of ~Rs.22 crore.      

💎 Ashok Leyland board panel has approved raising up to Rs.500 crore through issuance of NCDs on private placement basis.      

💎 Accelya Solutions Q3 Profit fell to Rs.23.67 crore v/s Rs.26.47 crore, revenue rose to Rs.107.61 crore v/s Rs.103.35 crore YoY.      

💎 AAVAS Financiers Q4 Profit rose to Rs.59.72 crore v/s Rs.54.33 crore, revenue rose to Rs.234.42 crore v/s Rs.204.29 crore YoY.      

💎 Biocon’s topline rises 3% YoY while margin slips; R&D expenses rise 36% to Rs.125 crore Vs Rs.92 crore.      

💎 For Q4FY20, Indiabulls Real Q4 posted a loss of Rs.110 crore v/s PAT of Rs.109 crore, revenue fell to Rs.116.3 crore v/s Rs.1821.54 crore YoY.

💎 Sensex, Nifty and Midcap Index close flat, Nifty Bank down over 1%

💎. Reliance Industries lift market while top private banks drag

💎 Sensex recovers 327 points from lows to end 25 points lower at 31,098

💎 Nifty gains 87 points from lows to close 6 points lower at 9,137

💎 11 of 12 Nifty Bank stocks end lower with Nifty Bank falling 235 points to 18,834

💎 Midcap Index closes with a cut of 26 points at 12,992

💎 Metal gains the most amongst indices while PSU Bank and realty slip

💎 Aviation stocks gain on hopes of relief package; IndiGo, SpiceJet up 1-5%

💎 Hindustan Aeronautics gains 5% on likely order for India's fighter jets

💎 India Cements surges as RK Damani raises stake to 20 percent in March quarter

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