Market Highlights - 05.10.2020

     Market Highlights - 05.10.2020

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💎 Sensex & Nifty close in the green but off highs

💎 Midcaps underperform benchmark indices; Index 112 points off highs

💎 IT stocks & financial heavyweights (ICICI Bank & HDFC Bank) help Nifty close higher

💎 Sensex gains 277 points to 38,974 & Nifty 86 points to 11,503

💎 Nifty Bank advances 125 points to 22,371 while midcap slips 17 points to 17,108

💎 IT gains the most amongst indices with Nifty IT up over 3%

💎 TCS top Nifty contributor ahead of share buyback; market capitalization at Rs 10 lakh crore

💎 Wipro surges to a 20-year high; Infosys at a record high

💎 Steel companies gain on reports of a price increase; Tata Steel up 5%

💎 Bharat Forge & Ramky Forge surge on strong North America Class 8 truck orders

💎 SpiceJet’s announcement of starting London flights helps stock gain 2%

💎 Market Breadth favours advances; advance-decline ratio at 5:4

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