Market Highlights - 04.06.2020

Market Highlights - 04.06.2020

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💎 Market snpas 6-day gaining streak, Sensex and Nifty close with minor cuts

💎 Nifty holds on to 10,000, ends 32 points lower at 10,029

💎 Sensex closes 129 points in the red at 33,981

💎 Midcap Index ends flat at 13,913; market breadth favours advances

💎 Nifty Bank snaps 7-day gaining streak, closes 550 points lower at 20,390

💎 Except PNB, all Nifty Bank constituents in the red; HDFC Bank, Kotak Bank top losers

💎 Financials drag the market; HDFC twins, Kotak and ICICI Bank top contributors

💎Reliance lifts Nifty by 30 points after the rights issue saw 1.6x subscription

💎 Pharma & IT slip the most amongst indices with both gaining over 2% each

💎 Bharti Airtel up 4% on Reuters' report of Amazon looking to buy $2 billion stake

💎 Multiplex Stocks close with healthy gains; PVR, Inox Leisure up 7-16%

💎 Airline Stocks were in focus with SpiceJet and IndiGo gaining 5% and 9% respectively

💎 Tata Power gains 2% as sources say company to close sale of shipping business by next week

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