Market Highlights - 21.05.2020
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💎 Closing Bell: Sensex gains 114.29 points to close at 30932.90; Nifty ends 39.70 points higher at 9106.25.
💎 Dr Reddy’s Q4 net up 76% at Rs.764 crore on account of greater revenue contribution from US and Europe.
💎 Foreign investors pull out $26 billion from Asian economies, $16 billion from India.
💎 NCDEX to launch India’s first agri-futures index on May 26.
💎 Bajaj Auto PAT declines 4% to Rs.1,354 crore for Q4FY20.
💎 World Bank estimates 60 million people may fall into extreme poverty due to Covid-19.
💎 Government to use RBI money to support NBFCs for three months.
💎 Cabinet approves new methodology to award commercial coal mines.
💎 Market slips from highs to close with minor gains; financials underperform
💎 Nifty holds 9,100 but slips 72 points from highs and Sensex 256 points off highs
💎 Sensex ends 114 points higher at 30,933 and Nifty 40 points higher at 9,106
💎 Midcap closes 98 points higher at 12,763 and Nifty Bank 105 points lower at 17,735
💎 Auto and FMCG top gaining indices; volatility index slips 8%
💎 Market Breadth in favour of advances; advance-decline ratio at 3:2
💎 HDFC, L&T, HUL and Bajaj Finance drag Nifty while ITC,TCS, Asian Paints and RIL support
💎 Bajaj Finserv and Bajaj Finance top Nifty losers; Bajaj Finserv slips 4% after Q4FY20
💎 Bajaj Auto advances 3% after reporting earnings higher than estimates
💎 ITC top Nifty gainer, records the biggest one-day gain in nearly 2 months
💎 IndiGo closes 7% higher but off highs after government caps airline fares
💎 CONCOR up over 2% as talks resumed with Railway Minsitry on stategic sale
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