Here are the key highlights from today’s trading session:
1. Sensex & Nifty close higher while Nifty Bank slips
2. Midcap outperforms frontliners with index gaining nearly 1%
3. Midcap gains keep market breadth in favour of advances
4. Sensex gains 127 points to 40,686 & Nifty 34 points to 11,930
5. Nifty Bank slips 6 points to 24,478 while midcap index gains 135 points to 17,306
6. Autos gain on an expectation of healthy festive sales; Maruti Suzuki & M&M top gainers
7. Metal stocks higher on hope of US stimulus, Tata Steel surges 3%
8. Cement shares see profit-booking after an impressive Q2 for most stocks; UltraTech Cement down 2%
9. Aviation stocks move higher on improved demand; SpiceJet climbs 9%
10. Aditya Birla Fashion announcing issuance of preference shares to Flipkart at Rs 205/share helps stock gain 8%
11. SBI Cards slips more than 5% as asset quality worsens; Q2 GNPA at 4.29%
12. Biocon falls 3% after reporting earnings lower than expectations
13. NSE advance-decline line ratio at 2:1
Market this week:
1. Sensex & Nifty regain losses of last week, up 1.7% and 1.4% respectively
2. Nifty Midcap Index gains 3% & Nifty Bank 4% this week
3. Bharti Airtel, Tata Steel, NTPC, Axis Bank & Tata Motors top gainers this week
4. Britannia, Hero MotoCorp, Divi’s Labs, Eicher Motors, SBI Life & UPL top Nifty losers this week
