Wednesday, August 12, 2020

Market Highlights - 12.08.2020

Market Highlights - 12.08.2020

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💎 Market snaps 6-day gaining streak, cool off from 5-month peak hit yesterday

💎 Nifty recovers almost 66 points from intra-day low to end at 11,308.40

💎 Gain in SBI & Axis Bank aid Nifty Bank's recovery; index ends 1.3% off low point

💎 3 out of top 6 Nifty gainers are autos; Eicher Motors & Hero MotoCorp to report Q1 earnings tomorrow

💎 Nifty Pharma continues to decline for 2 nd day while PSU bank index rises the most

💎 Adani Ports ends 2% higher after brokerages positive on Q1 earnings

💎 Positive Q2 commentary by managements leads Bharat Forge to a 5-month high

💎 Market Breadth flat after recovery in indices; advance-decline ratio at 1:1

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