Monday, September 28, 2020

Market Highlights - 28.09.2020

 Market Highlights - 28.09.2020

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💎 Strong global cues lead Indian market higher; Frontlines indices up 2-3 percent

💎 In last two days, market recovered 50% of losses seen in previous 6 sessions

💎 Sensex closes 593 points higher at 37,982 after reclaiming 38,000 intra-day

💎 Nifty closes above 11,200 after 4 sessions, gains 177 points to 11,228

💎 Midcap Index surges 494 points to 16,998 & Nifty Bank 683 points to 21,665

💎 46 Nifty stocks close in the green, 2 of top 5 gainers are financials

💎 Financials lift Nifty by 78 points; ICICI Bank, Axis Bank, HDFC twins top contributors

💎 All Nifty bank stocks end higher after government seeks more time in interest waiver case

💎 West Bengal government allowing re-opening of multiplexes lead PVR & Inox Leisure higher

💎 Speciality restaurants closes 10% higher on reports on Maharashtra government allowing dine-in services

💎 Hero MotoCorp gains 3% on reports of company talks with Harley are in advanced stage

💎 Autos close higher ahead of monthly sales; Tata Motors, Escorts top gainers

💎 Tyre companies gain on improved auto demand; Apollo Tyres, Balkrishna Industries up 7% each

💎 Market Breadth favours advances; advance-decline ratio at 3:1

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