Market Highlights - 20.05.2020

Market Highlights - 20.05.2020

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πŸ’Ž Closing Bell: Sensex gains 622.44 points to close at 30818.61; Nifty ends 187.45 points higher at 9066.55.      

πŸ’Ž Sanofi reports 8% decline in PAT to Rs.85.4 crore for the first quarter ended March 31, 2020.       

πŸ’Ž Axita Cotton gets an order of $3,30,693 from Maksons Spinning Mills and $2,67,199.94 from CRC Textile Mills, Bangladesh.       

πŸ’Ž PPAP Automotive resumes operations at Delhi and UP plants.       

πŸ’Ž Buena Vista Fund buys another 5,15,634 shares in Healthcare Global Enterprises at Rs.103.99 per share.       

πŸ’Ž Dheeraj Shishodia resigns as CEO and is promoted to Additional Director of Urja Global.       

πŸ’Ž Morgan Stanley Asia (Singapore) buys 19,67,904 shares in Equitas Holding at Rs.44.39 per share.       

πŸ’Ž Tata Power Q4 PAT stands at Rs.403 crore v/s Rs.122 crore.   
πŸ’Ž Market surges sharply in the 2nd half; frontliners up 2% each

πŸ’Ž Sensex gains 622 points to 30,819 and Nifty 187 points to 9,067

πŸ’Ž Nifty Bank advances 354 points to 17,840 and midcap 193 points to 12,664

πŸ’Ž HDFC twins, RIL, L&T, ITC lead market gains, contribute over 100 points to Nifty

πŸ’Ž 42 Nifty stocks close higher; Shree Cement, GAIL, M&M, Eicher Motors top gainers

πŸ’Ž All sectoral indices end with gains, pharma being top gainer

πŸ’Ž 9 of 112 Nifty Bank constituents end higher; HDFC Bank, Kotak Bank and ICICI Bank top gainers

πŸ’Ž Dr Reddy’s surges 6% after reporting Q4 earnings better than expected

πŸ’Ž UltraTech Cement reports topline better-than-estimates, volume disappoints; stock up 3%

πŸ’Ž Natco Pharma fails to hold recovery seen after EIR for Vizag unit, ends 2% off highs

πŸ’Ž RIL-RE settles at 202 on the 1st day, turnover at Rs 590 crore

πŸ’Ž Multiplex stocks continue to move higher; PVR and Inox up for the 2nd day

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