Market Highlights - 29.05.2020

Market Highlights - 29.05.2020

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πŸ’Ž Vodafone Idea share price surges 34% on reports of Google eyeing a stake.   

πŸ’Ž Cadila Healthcare receives an EIR from USFDA, stock price up 3%.   

πŸ’Ž RBI imposes a monetary penalty of Rs.1.20 crore on Karnataka Bank.   

πŸ’Ž Aksh Optifibre Board approves appointment of Sudhir Kumar Jain as the Chief Financial Officer.   

πŸ’Ž HCL Technologies and Broadcom expanded their global preferred services partnership to include Symantec Enterprise Security Consulting.   

πŸ’Ž Pidilite Industries completes an acquisition of 70% equity shares of Tenax India Stone Products.   
πŸ’Ž Lupin gets USFDA nod for Azithromycin Tablets used to treat number of bacterial infections.   

πŸ’Ž NHPC board approves the proposal to foray into solar power business.
πŸ’Ž Market gains for 3rd straight day; Sensex and Nifty up 6% in 3 sessions

πŸ’Ž Market reverses opening losses to close at a fresh one-month high

πŸ’Ž Sensex gains 600 points from lows to end 224 points higher 32,424

πŸ’Ž Nifty gains 203 points from lows to close 90 points higheer at 9,580

πŸ’Ž Midcap index advances 143 points to 13,273 and Nifty Bank 127 points to 19,297

πŸ’Ž Market Breadth favours advances; advance:decline ratio at 2:1

πŸ’Ž Except media and IT, all indices close in the green, realty top gainer

πŸ’Ž 39 Nifty stocks close higher; IOCL, Wipro, Coal India, ONGC top gainers

πŸ’Ž Wipro surges 7% after company announces appointment of new CEO

πŸ’Ž Sun Pharma gains over 3% on DCGI's nod for COVID-related drug

πŸ’Ž Vodafone Idea ends off highs after company clarifies on FT's reports on Google eyeing stake

πŸ’Ž HDFC, ITC, HUL and L&T lift market while Infosys, TCS and Reliance drag
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