Market Highlights - 06 May, 2020

Market Highlights - 06 May, 2020

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💎 Astec Lifesciences PAT jumps 145% YoY to Rs.31.17 crore for Q4FY20.   

💎 Godrej Properties to meet on May 11 to mull raising funds via debt.   

💎 Wipro signs MoU with Maharashtra to repurpose Pune IT facility to 450-bed COVID-19 hospital.   

💎 Andhra Petrochemicals will resume operations at Visakhapatnam from May 6.   

💎 Navneet Education redeems commercial papers of Rs.30 crore and Rs.50 crore.   

💎 Vipul Shashikant Vora resigns as Chief Financial Officer of Jiya Eco-Products.   

💎 Shilpa Medicare plans to establish subsidiary in Canada and Spain for business operations.   

💎 Promoter Sameer Gupta bought 1,25,000 shares in Apollo Pipes at Rs.309.98/share.   

💎 United Spirits resumes operations at majority of its manufacturing facilities with reduced capacity.

💎 Nifty ends with a gain of 65 points at 9,271 after trading in 230 point range

💎 Sensex gains 232 points to 31,686 after trading in the range of 812 points

💎 Nifty Bank gains 423 points to 19,695 and midcap index 82 points to 12,900

💎 ITC drags Nifty by 19 points while HDFC twins lift by 54 points

💎 ICICI Bank, Bharti Airtel, Bajaj Finance, M&M, NTPC amongst top Nifty gainers

💎 TCS, Infosys, HUL, Bharti Infratel and Coal India amongst top losers

💎 Except Bank of Baroda, all Nifty Bank constituents close higher

💎 Axis Bank up 7 percent from lows as sources say SUUTI sale is not on the cards

💎 Oil Marketing Companies fall 2-5 percent as government keeps fuel price unchanged despite excise hike

💎 Astec Life and NIIT surge 20 percent each after Q4 earnings

💎 NBFCs gain as SBI likely to extend moratorium; M&M Financial, Cholamandalam up 8 percent each.
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