Market Highlights - 20 April, 2020
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π Closing Bell: Sensex gains 59.28 points to close at 31648; Nifty ends 4.9 points lower at 9261.85.
π Indian Hotels likely to raise Rs.1.5 billion via NCDs from Axis Bank.
π Apollo Tyres to issue NCDs worth Rs.10 billion.
π FIIs sell Rs.5.62 billion of Indian Derivatives so far.
π Suzlon Energy to issue equity shares upto 1 billion to its lenders with a Face Value of Rs.2 at Re.1 each.
π National Aluminium receives mining lease of Utkal-D coal block by Odisha government.
π Cadila Healthcare receives USFDA approval to market Baclofen Tablets 5mg.
π Kotak Mahindra Bank to meet on April 22 to consider capital raising.
π Sensex and Nifty close flat with Nifty failing to hold 9,300
π ICICI Bank, ITC and Axis Bank drag Nifty by 50 Points
π Sensex closes 59 Points higher at 31,648, Nifty 5 Points lower at 9,262
π Market breadth favours advances with midcap index gaining 67 points with 13,114
π Nifty Bank ends 159 Points lower at 20,523 after trading in the range of 650 Points
π 9 out of 12 Nifty Bank constituents close lower; ICICI Bank and Axis Bank top losers
π Apollo Hospitals, Muthoot Finance, Adani Power, MindTree amongst top Midcap gainers
π Info Edge, M&M Financial RBL Bank, IDFC First among major Midcap losers
π HDFC Bank closes with a gain of 4 percent after reporting 10-quarter low slippages
π Tata Motors gains 5 percent despite reporting lower wholesale sales in Q4
π IT life market while FMCG drags; ITC and HUL amongst major losers
π Adani Group stocks move higher after reporting release of pledged shares
π Except SBI, all PSU Banks close higher; Canara Bank up 6 percent, PNB 3 percent
π Indian Hotels likely to raise Rs.1.5 billion via NCDs from Axis Bank.
π Apollo Tyres to issue NCDs worth Rs.10 billion.
π FIIs sell Rs.5.62 billion of Indian Derivatives so far.
π Suzlon Energy to issue equity shares upto 1 billion to its lenders with a Face Value of Rs.2 at Re.1 each.
π National Aluminium receives mining lease of Utkal-D coal block by Odisha government.
π Cadila Healthcare receives USFDA approval to market Baclofen Tablets 5mg.
π Kotak Mahindra Bank to meet on April 22 to consider capital raising.
π Sensex and Nifty close flat with Nifty failing to hold 9,300
π ICICI Bank, ITC and Axis Bank drag Nifty by 50 Points
π Sensex closes 59 Points higher at 31,648, Nifty 5 Points lower at 9,262
π Market breadth favours advances with midcap index gaining 67 points with 13,114
π Nifty Bank ends 159 Points lower at 20,523 after trading in the range of 650 Points
π 9 out of 12 Nifty Bank constituents close lower; ICICI Bank and Axis Bank top losers
π Apollo Hospitals, Muthoot Finance, Adani Power, MindTree amongst top Midcap gainers
π Info Edge, M&M Financial RBL Bank, IDFC First among major Midcap losers
π HDFC Bank closes with a gain of 4 percent after reporting 10-quarter low slippages
π Tata Motors gains 5 percent despite reporting lower wholesale sales in Q4
π IT life market while FMCG drags; ITC and HUL amongst major losers
π Adani Group stocks move higher after reporting release of pledged shares
π Except SBI, all PSU Banks close higher; Canara Bank up 6 percent, PNB 3 percent
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