Market Highlights - 20.07.2020

Market Highlights - 20.07.2020

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πŸ’Ž Market gains for 4th straight day, close at over 4-month highs

πŸ’Ž Nifty closes above 11,000 for the first time since March 5

πŸ’Ž Sensex gains 399 points to 37,419 & Nifty 121 points to 11,022

πŸ’Ž Nifty Bank advances 355 points to 22,322 & Midcap index 146 points to 15,389

πŸ’Ž IT gains the most amongst indices; Infosys, Tech Mahindra, Wipro top gainers

πŸ’Ž Britannia regains losses of last session, closes at record high

πŸ’Ž HDFC Bank, Infosys, ICICI Bank top contributors to Nifty today

πŸ’Ž HDFC Bank gains over 3% on Q1 earnings & commentary w.r.t new CEO

πŸ’Ž Sun Pharma top Nifty loser after Credit Suisse downgrades the stock to underperform

πŸ’Ž M&M Finance surges over 10% after management's comment on rights issue

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

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