Monday, July 13, 2020

Market Highlights - 13.07.2020

Market Highlights - 13.07.2020

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💎 Sensex & Nifty close with minor gains while midcap and Nifty Bank end lower

💎 4 of top-5 Nifty losers are financials; except 2, all Nifty Bank constituents in the red

💎 Reliance Industries lifts Nifty by 50 points while HDFC twins and ICICI Bank drag by 53 points

💎 Sensex gains 100 points to 36,694 and Nifty 35 points to 10,803

💎 Nifty Bank slips 309 points to 22,089 and Midcap 36 points to 15,217

💎 PSU Bank slips while IT gains the most amongst sectoral indices

💎 Reliance Industries surges to record high after Qualcomm deal for Jio Platforms

💎 Reliance Industries’ market capitalisation at over Rs 12 lakh crore; adds Rs 1 lakh crore in last 16 sessions

💎 IT stocks higher ahead of earnings this week; Tech Mahindra up 5.5%, HCL Technologies up 4%

💎 Bharti Airtel higher while Vodafone Idea slips after TRAI blocks premium plans

💎 Yes Bank falls 14% as investors likely to have sold shares ahead of FPO

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

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