Thursday, October 8, 2020

Market Highlights - 08.10.2020

        Market Highlights - 08.10.2020

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💎 Market extends gaining streak to 6 days; Sensex & Nifty at 7-month highs

💎 IT biggest contributor to market after strong earnings by TCS

💎 Nifty IT surges to 16-year high with most of its constituents at multi-year highs

💎 Sensex gains 304 points to 40,183 & Nifty 96 points to 11,835

💎 Nifty Bank advances 227 points to 23,191 & Midcap index 18 points to 17,146

💎 ONGC, Oil India see profit booking after yesterday's gain on gas marketing reforms

💎 Wipro board to mull buyback on October 13; stock at 20-year high

💎.TCS’ better-than-expected earnings & Rs 16,000 crore buyback helps stock gain 3%

💎 Vedanta under pressure as delisting process is underway; stock down 14% this week

💎 Just Dial, Mindtree, Cadila Healthcare, Biocon, PTC, Apollo Hospital top Midcap gainers

💎 Market Breadth favours declines; advance-decline ratio at 3:4

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