Wednesday, June 24, 2020

Market Highlights - 24.06.2020

Market Highlights - 24.06.2020


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💎 Market snaps 4-day gaining streak; financials top laggards


💎 Sensex and Nifty slip 1.6% each; Nifty Bank down 3.7%


💎 Nifty slips 166 points to 10,305, Sensex down 561 points to 34,869


💎 Nifty Bank drops 838 points to 21,427 and Midcap 213 points to 14,810


💎 Except FMCG, all sectoral indices close in the red


💎 Market breadth favours declines; advance-decline ratio at 2:3


💎 ICICI Bank, HDFC twins, Kotak Mahindra Bank drag market while ITC and Asian Paints support


💎 Asian Paints advances 4% after reporting Q4 earnings better than expected


💎 Auto stocks gain on hopes on demand recovery; Eicher Motors and Hero MotoCorp up 3% each


💎 Page Industries, Adani Gas, Bank of India, Adani Transmission amongst top Midcap gainers


💎 Indiabulls Housing, Info Edge, Union Bank, Bandhan Bank top Midcap losers


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