Market Highlights - 24.06.2020

Market Highlights - 24.06.2020

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πŸ’Ž Market snaps 4-day gaining streak; financials top laggards

πŸ’Ž Sensex and Nifty slip 1.6% each; Nifty Bank down 3.7%

πŸ’Ž Nifty slips 166 points to 10,305, Sensex down 561 points to 34,869

πŸ’Ž Nifty Bank drops 838 points to 21,427 and Midcap 213 points to 14,810

πŸ’Ž Except FMCG, all sectoral indices close in the red

πŸ’Ž Market breadth favours declines; advance-decline ratio at 2:3

πŸ’Ž ICICI Bank, HDFC twins, Kotak Mahindra Bank drag market while ITC and Asian Paints support

πŸ’Ž Asian Paints advances 4% after reporting Q4 earnings better than expected

πŸ’Ž Auto stocks gain on hopes on demand recovery; Eicher Motors and Hero MotoCorp up 3% each

πŸ’Ž Page Industries, Adani Gas, Bank of India, Adani Transmission amongst top Midcap gainers

πŸ’Ž Indiabulls Housing, Info Edge, Union Bank, Bandhan Bank top Midcap losers

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