Market Highlights - 19 May, 2020

Market Highlights - 19 May, 2020

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💎 Closing Bell: Sensex gains 167.19 points to close at 30196.17; Nifty ends 55.85 points higher at 8879.10.      

💎 Raymond to meet on 21 May to consider and approve the issue of Non-Convertible Debentures aggregating up to Rs.100 crore on private placement basis.      

💎 Munjal Showa resumes partial operations at its manufacturing facilities.      

💎 Tata Consumer Products to acquire PepsiCo’s stake in NourishCo Beverages      

💎 Glaxosmithkline Pharma reports a 6% PAT at Rs.138.07 crore for the fourth quarter ended March 31, 2020.      

💎 Buena Vista Fund buys 19,32,400 shares at Rs.94.82 per share in Healthcare Global Enterprises.      

💎 Government of Singapore buys 19,69,686 shares at Rs.414.6/share in AU Small Finance Bank.      

💎 Bharti Airtel reports a net loss of Rs.5,237 crore for the quarter ended March 2020.

💎 Sensex and Nifty close in the green, but off highs

💎 Financials continue to drag market, Nifty Bank slips 689 points from highs

💎 Sensex falls 544 points from highs to close 167 points higher at 30,196

💎 Nifty slips 151 points from highs to close 56 points higher at 8,879

💎 Midcap Index ends 62 points higher at 12,471; 171 points off intra-day high

💎 PSU Bank top losing index while telecom gains the most

💎 Bharti Airtel surges to record high after strong earnings and positive commentary

💎 Bharti Airtel expects ARPU to hit Rs 200 in short-term and Rs 300 in long-term

💎 Bharti Airtel, HDFC  and ITC lift Nifty by 53 points while RIL and HDFC Bank drag by 32 points

💎 Multiplex shares gain as states ease lockdown; PVR and Inox Leisure up 8-15%

💎 Adani Group stocks gain up to 16%

💎 Market breadth favours declines; advance-decline ratio at 3:4

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