Market Highlights - 05 May, 2020

Market Highlights - 05 May, 2020

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πŸ’Ž Closing Bell: Sensex slips 261.84 points to close at 31453.51; Nifty ends 87.9 points lower at 9205.6.   

πŸ’Ž Bajaj Consumer starts operations at Himachal Pradesh plant.   

πŸ’Ž IDFC First Bank raises Rs.2000 crore via preferential issue.   

πŸ’Ž Manappuram Finance to raise up to Rs.500 crore by issuing rated, secured, redeemable non-convertible debentures on private placement basis.   

πŸ’Ž Ashok Leyland records zero production and sales for the month of April due to the nationwide lockdown.   

πŸ’Ž Colgate-Palmolive (India) is allowed to resume operations at reduced capacity at all of its manufacturing plants.   

πŸ’Ž ICICI Bank to consider raising funds via debt.   

πŸ’Ž Orbit Exports partially resumes operations at factory in Surat and office in Delhi.   

πŸ’Ž Marico Q4FY20 PAT down 51% at Rs.199 crore.   

πŸ’Ž Lupin announces a positive result from Phase 3 study of Single-Dose Solosec for trichomoniasis treatment.

πŸ’Ž Market fails to hold opening gains, ends Tuesday trade near day's low

πŸ’Ž Sensex falls 810 points, Nifty 245 points and Nifty Bank 951 points from day's high

πŸ’Ž Nifty closes 88 points lower at 9,206, Sensex 262 points lower at 31,454

πŸ’Ž Nifty Bank ends 472 points lower at 19,272 and Midcap 91 points lower at 12,817

πŸ’Ž Nifty PSU Bank falls 3 percent to end at a record closing low

πŸ’Ž Financials drag Nifty by 63 points while oil & gas supports with 21 points

πŸ’Ž HDFC Twins, Kotak Mahindra Bank, ICICI Bank, SBI, HUL top Nifty contributors

πŸ’Ž Reliance lifts Nifty by 21 points, closes with a gain of nearly 2 percent

πŸ’Ž Bharti Airtel snaps 3-day gaining streak, ends 1 percent lower

πŸ’Ž S&P says asset quality shocks may result in downgrade of Axis Bank, stock down 3 percent

πŸ’Ž Liquor stocks under pressure after some states increase excise duty sharply
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