Market Highlights - 17.07.2020

Market Highlights - 17.07.2020

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πŸ’Ž Sensex & Nifty at over 4-month high; Friday's gains help market turn negative for week

πŸ’Ž Sensex & Nifty gain 1.5% each, Nifty Bank up nearly 2%

πŸ’Ž Nifty advances 162 points to 10,902 & Sensex 568 points to 37,020

πŸ’Ž Midcap Index gains 209 points to 15,242 & Nifty Bank 370 points to 21,967

πŸ’Ž Except IT, all sectoral indices close in the green; oil & gas top gaining index

πŸ’Ž 41 Nifty stocks close with gains; 4 of top 5 gainers are from oil & gas space

πŸ’Ž BPCL, ONGC, Bharti Infratel, GAIL, Reliance Industries & HDFC Bank top Nifty gainers

πŸ’Ž Reliance Industries, HDFC Bank & ICICI Bank contribute 108 points to Nifty move today

πŸ’Ž Britannia closes 2% lower despite reporting earnings better than estimates

πŸ’Ž HCL Technologies nearly 1% lower after reporting weak revenue but beat on margin

πŸ’Ž Bharti Airtel & Vodafone Idea close higher ahead of AGR hearing on Monday

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

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