Market Highlights - 22.09.2020

    Market Highlights - 22.09.2020

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💎 Market closes lower for 4th straight session; Sensex & Nifty at 7-week lows

💎 Market recovers from opening hour lows but fails to turn positive

💎 Sensex slips 300 points to 37,734 after a trading range of 679 points

💎 Nifty falls 97 points to 11,154 and Nifty Bank 228 points to 21,139

💎 Nifty Bank fails to hold the 100-day moving average of 21,358

💎 Midcap Index closes 257 points lower at 16,508 after 612-point trading range

💎 Market Breadth favours declines; advance-decline ratio at 2:7

💎 RIL, HDFC twins, L&T, Axis Bank drag Nifty while IT majors TCS & HCL lift

💎 Except IT & Pharma, all sectoral indices close in the red

💎 Canara Bank, M&M Finance, Manappuram Finance, GMR Infra top Midcap losers 

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