Market Highlights - 06 May, 2020

Market Highlights - 06 May, 2020

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πŸ’Ž Astec Lifesciences PAT jumps 145% YoY to Rs.31.17 crore for Q4FY20.   

πŸ’Ž Godrej Properties to meet on May 11 to mull raising funds via debt.   

πŸ’Ž Wipro signs MoU with Maharashtra to repurpose Pune IT facility to 450-bed COVID-19 hospital.   

πŸ’Ž Andhra Petrochemicals will resume operations at Visakhapatnam from May 6.   

πŸ’Ž Navneet Education redeems commercial papers of Rs.30 crore and Rs.50 crore.   

πŸ’Ž Vipul Shashikant Vora resigns as Chief Financial Officer of Jiya Eco-Products.   

πŸ’Ž Shilpa Medicare plans to establish subsidiary in Canada and Spain for business operations.   

πŸ’Ž Promoter Sameer Gupta bought 1,25,000 shares in Apollo Pipes at Rs.309.98/share.   

πŸ’Ž United Spirits resumes operations at majority of its manufacturing facilities with reduced capacity.

πŸ’Ž Nifty ends with a gain of 65 points at 9,271 after trading in 230 point range

πŸ’Ž Sensex gains 232 points to 31,686 after trading in the range of 812 points

πŸ’Ž Nifty Bank gains 423 points to 19,695 and midcap index 82 points to 12,900

πŸ’Ž ITC drags Nifty by 19 points while HDFC twins lift by 54 points

πŸ’Ž ICICI Bank, Bharti Airtel, Bajaj Finance, M&M, NTPC amongst top Nifty gainers

πŸ’Ž TCS, Infosys, HUL, Bharti Infratel and Coal India amongst top losers

πŸ’Ž Except Bank of Baroda, all Nifty Bank constituents close higher

πŸ’Ž Axis Bank up 7 percent from lows as sources say SUUTI sale is not on the cards

πŸ’Ž Oil Marketing Companies fall 2-5 percent as government keeps fuel price unchanged despite excise hike

πŸ’Ž Astec Life and NIIT surge 20 percent each after Q4 earnings

πŸ’Ž NBFCs gain as SBI likely to extend moratorium; M&M Financial, Cholamandalam up 8 percent each.
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