Market Highlights - 14.08.2020
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π Sharp decline in last hour of trade; indices turn negative for the week
π Nifty sees biggest intra-day fall in 8 sessions; private banks drag index the most
π Nifty Bank slips over 3% from top; HDFC Bank, ICICI Bank contribute half of losses
π Midcap Index slips nearly 400 points to end at 11,181
π Eicher Motors ends 7% lower after VECV reports a loss amid weak CV demand for Q1
π Six out of 12 Nifty gainers today are either pharma or metal stocks
π Ashok Leyland holds on to gains in a falling market after CLSA upgrades stock to buy
π Tata Steel higher after management says Q2 EBITDA/tonne will be up by at least Rs 3,000
π Hindalco reports Q1 aluminium EBITDA at Rs 856 crore v/s Rs 853 crore YoY; stock up 0.3%
π 34.2% margin for Q1 v/s 27.4% YoY sends NTPC higher; stock up 1%
π Market Breadth turns in favour of declines for 1st time this week; ratio at 2:3
π Nifty sees biggest intra-day fall in 8 sessions; private banks drag index the most
π Nifty Bank slips over 3% from top; HDFC Bank, ICICI Bank contribute half of losses
π Midcap Index slips nearly 400 points to end at 11,181
π Eicher Motors ends 7% lower after VECV reports a loss amid weak CV demand for Q1
π Six out of 12 Nifty gainers today are either pharma or metal stocks
π Ashok Leyland holds on to gains in a falling market after CLSA upgrades stock to buy
π Tata Steel higher after management says Q2 EBITDA/tonne will be up by at least Rs 3,000
π Hindalco reports Q1 aluminium EBITDA at Rs 856 crore v/s Rs 853 crore YoY; stock up 0.3%
π 34.2% margin for Q1 v/s 27.4% YoY sends NTPC higher; stock up 1%
π Market Breadth turns in favour of declines for 1st time this week; ratio at 2:3
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