Menu

Market update 19th May 2020. Vodafone Idea rises 17%

Value Investing Vs Growth Investing

Market update 19th May 2020. Vodafone Idea rises 17%

 

Overall performance:

After 3 days, Indian indices ended on higher note. However, NIFTY did not cross the 8,900 mark. After market closed, SENSEX was up by 167.19 points or 0.56%, closing at 30,196.17 and NIFTY was up by 55.85 points or 0.63%, closing at 8,879.10 While, the S&P BSE midcap index was up by 56.96 points or 0.52%, closing at 11,112.13 and S&P BSE Small cap declined by 21.13 points or 0.20%, closing at 10,355.18 NIFTY Midcap 100 closed at 12,471.15, up by 61.80 points or 0.50% and NIFTY Small cap 100 closed at 3,811.95, up by 7.05 points or 0.19%.

 

Global indices and commodity:

When Indian market closed, DAX was trading at 10,975.92, down by 76.266 points or 0.69%, NASDAQ was trading at 9,234.83 up by 220.27 points or 2.44% and CAC was trading at 4,447.57, down by 1.13% or 50.77 points. While, SGX Nifty was up by 42.50 points or 0.48% and trading at 8,828.00 Currently, Gold is trading at 46,718 up by 56 points and 0.12%, Silver is trading at 47,520 down by 182 points and 0.38%. Crude oil is trading at 2,401 which is down by 1.00 points and 0.04%.

 

Currency:

At the closing time of Indian indices, USD was trading at Rs 75.64, down by 0.36%. EURO was trading at Rs 82.82, up by 0.29% and GBP was trading at Rs 92.49, up by 0.23%.

 

Sector:

Today, other than banking sector, all other sectors ended on a higher note. The S&P BSE Auto index increased by 144.11 points and S&P BSE IT gained 100.68 points or 0.75% At closing, NIFTY BANK fell by 86.95 points or 0.49%, closing at 17,486.25. While, NIFTY IT increased by 132.20 points or 0.99%.

 

Top 5 gainers:

Share price of Bharti Airtel increased by 60.75 points or 11.29%, closing at Rs 598.80, Adani Ports gained 25.90 points or 8.83% and closed at Rs 319.20. ONGC increased by 4.25 points or 5.83%, closing at Rs 77.15. Bharti Infratel gained 11.65 points or 5.63%, closing at Rs 218.75 and UltraTechCement which is increasing from two consecutive days, was up by 130.35 points or 3.94% and closed at Rs 3438.15.

 

Top 5 losers:

Today, UPL declined by 36.15 points or 9.62%, closing at Rs 339.65. Vedanta fell by 2.70% or 2.50 points, closing at Rs 90, Induslnd bank decreased by 8.95 points or by 2.38%, closing at Rs 367.80. Share price of Reliance fell by 31.85 points or 2.21%, closing at Rs 1408.90 and Larsen declined by 17 points or 2.09%, closing at Rs 796.35.

 

Stock in news:

UPL was in news as share price of the company fell around 10%, even after the market ended on higher note today and closed at Rs 339.65. Bharti Airtel was also in news as today their share price increased by more than 11%, closing at Rs 598.80. Other than these stocks, most active stocks were Vodafone idea, SBI, Tata motors, ICICI Bank, BHEL and Bank of Baroda in terms of volume.

 

 

Fifth tranche of economic package covers MNREGA, Health and more.

Related Posts

LEAVE A COMMENT