Market Highlights - 28.05.2020

Market Highlights - 28.05.2020

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💎 Closing Bell: Sensex gains 995.92 points to close at 31,605.22; Nifty ends 285.90 points higher at 9,314.95.      

💎 PFC signs an agreement with Narmada Basin Projects Company to fund projects worth Rs.22,000 crore.      

💎 ITI starts manufacturing of Face Shield at Bengaluru unit.      

💎 Promoter Bharti Telecom on sold a 2.75% stake in telecom provider Bharti Airtel, raising more than Rs.8433 crore.      

💎 Kotak Mahindra Bank launches qualified institutional placement (QIP) to raise ~Rs.7,460.38 crore.      

💎 Quest Investment Advisors buys JMC Project’s 925660 shares at Rs.38.4/share.      

💎 Deepak Nitrite Q4FY20 PAT up to Rs.172.30 crore, revenue rises to Rs.1055.54 crore.      

💎 Hind Rectifiers resumes full manufacturing operations at Dehradun plant.      

💎 Cyclone AMPHAN in West Bengal makes extensive damage to Century Plyboards’ factory shed and building. Plant production has been partly shut down.

💎 Market gains for 2nd straight day; frontline indices up 2% each

💎 Sensex & Nifty end at 1-month closing highs, Nifty Bank at 2-week high

💎 Nifty gains 175 points to 9,490 and Sensex 595 points to 32,201

💎 Nifty Bank surges 459 points to 19,170 and midcap 219 points to 13,130

💎 Market Breadth favours advances, advance-decline ratio at 5:2

💎 Except PSU Bank, all sectoral indices close higher; Auto top gainer

💎 41 Nifty stocks close higher; Zee Entertainment, Eicher Motors, L&T, Hero MotoCorp top gainers

💎 HDFC Twins, RIL, L&T, ICICI Bank top contributors to Nifty

💎 Federal Bank gains over 4% on lower slippages in Q4

💎 TVS Motor ends 3% higher after reporting Q4 earnings in-line

💎 EID Parry surges 13% as cources say company plans selling 2% in Coromandel International

💎 NCC, Ujjivan Finance, Indian Hotels, Bharat Dynamics amongst top Midcap gainers

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