Market Highlights - 04.06.2020
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๐ Market snpas 6-day gaining streak, Sensex and Nifty close with minor cuts
๐ Nifty holds on to 10,000, ends 32 points lower at 10,029
๐ Sensex closes 129 points in the red at 33,981
๐ Midcap Index ends flat at 13,913; market breadth favours advances
๐ Nifty Bank snaps 7-day gaining streak, closes 550 points lower at 20,390
๐ Except PNB, all Nifty Bank constituents in the red; HDFC Bank, Kotak Bank top losers
๐ Financials drag the market; HDFC twins, Kotak and ICICI Bank top contributors
๐Reliance lifts Nifty by 30 points after the rights issue saw 1.6x subscription
๐ Pharma & IT slip the most amongst indices with both gaining over 2% each
๐ Bharti Airtel up 4% on Reuters' report of Amazon looking to buy $2 billion stake
๐ Multiplex Stocks close with healthy gains; PVR, Inox Leisure up 7-16%
๐ Airline Stocks were in focus with SpiceJet and IndiGo gaining 5% and 9% respectively
๐ Tata Power gains 2% as sources say company to close sale of shipping business by next week
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