Market Highlights - 07.08.2020

Market Highlights - 07.08.2020

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πŸ’Ž Sensex and Nifty recover from morning lows to close flat

πŸ’Ž Midcap index outperforms benchmark indices, ends 1% higher

πŸ’Ž Sensex closes 15 points higher at 38,041 and Nifty 14 points higher at 11,214

πŸ’Ž Nifty Bank rises 111 points to 21,754 and midcap index 198 points to 16,103

πŸ’Ž Reliance Industries, Asian Paints and Bajaj Finance support while Infosys, TCS & Titan drag

πŸ’Ž M&M slips on below-than-expected earnings; auto business reports EBIT loss

πŸ’Ž Bharti Airtel, Bharti Infratel and Vodafone Idea higher ahead of AGR hearing on Monday

πŸ’Ž Bajaj Finance & Bajaj Finserv close with gains of 4% & 3% respectively

πŸ’Ž Midcap banks like RBL Bank, Federal Bank, IDFC First Bank post healthy gains in trade today

πŸ’Ž Mahanagar Gas closes 1.5% lower after reporting a decline of 73% in profit sequentially

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

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