Market update 5th June 2020. Market ends week in a positive way.

Overall performance:

Today, Indian indices ended on a positive note majorly supported by Banking, Auto, Metal and Infra sector stocks. When market closed, SENSEX increased by 306.54 points or 0.90%, closing at 34,287.24 and NIFTY was up by 113.05 points or 1.13%, closing at 10,142.15. Almost all the sectors ended on positive note expect FMCG. The S&P BSE midcap index was up by 220.87 points or 1.79%, closing at 12,554.16 and S&P BSE Small cap increased by 290.38 points or 2.51%, closing at 11,855.17. While, NIFTY Midcap 100 closed at 14,158.05 up by 245.25 points or 1.76% and NIFTY Small cap 100 closed at 4,423.10, increased by 144.55 points or 3.38%.

Global indices and commodities:

When Indian market closed, almost all the global indices were trading at a positive note. SGX Nifty was up by 123 points or 1.23% and trading at 10,147.50. NASDAQ was trading at 9,615.81 down by 67.10 points or 0.69% and CAC was trading at 5,109.45 increased by 1.94% or 97.47 points. While, DAX was trading at 12,616.18 up by 185.62 points or 1.49%.

Currently, Gold is trading at 46,285.00 down by 411 points and 0.91% and Silver is trading at 48,233.00 down by 578 points and 1.18%. Crude oil is trading at 2,897.00 which increased by 80 points or 2.84%.

Currency:

At the closing time of Indian indices, USD was trading at Rs 75.58, increased by 0.01%. EURO was trading at Rs 58, up by 0.07% and GBP was trading at Rs 95.44, up by 0.45%.

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, Metal and Energy sector. The S&P BSE Auto index increased by 261.22 points. S&P BSE BANKEX was up by 640.71 points or 2.73% while, BSE IT was down by 110.44 points or 0.75%. At closing, NIFTY BANK increased by 644.05 points or 3.16%, closing at 21,034.50 and NIFTY Auto was up by 117.40 points. While, NIFTY FMCG decreased by 79.55 points or 0.27%, closing at 29,542.

Top 5 gainers:

Share price of Tata Motors increased by 12.25 points or 12.44%, closing at Rs 110.75, Bharti Infratel gained 17.35 points or 7.93% and closed at Rs 236.25. Shares of State bank of India increased by 13.75 points or 7.90%, closing at Rs 187.80. Tata Steel was up by 19 points or 5.94%, closing at Rs 338.95 and Hindalco shares increased by 6.60 points or 4.63% and closed at Rs 149.25.

Top 5 losers:

Today, TCS Shares declined by 43.30 points or 2.07%, closing at Rs 2,048.25. HUL declined by 1.56% or 33.00 points, closing at Rs 2,087.60. Cipla decreased by 9.65 points or by 1.46%, closing at Rs 650.90. Share price of Bajaj Auto fell by 40.95 points or 1.45%, closing at Rs 2,776.30 and Infosys declined by 4.20 points or 0.59%, closing at Rs 703.55.

Stock in news:

Most active stocks in terms of volume were Vodafone idea, SBI, PNB, Tata Motors, Ashok Leyland, Tata Powers, Bank of Baroda, NCC, SAIL, Axis Bank, RBL Bank and IDFC First Bank. Among all the sectors, major gain was seen in Auto and Banking sector today. Tata Motors was in news as their share price gained more than 12 percent and closed at Rs 110.75. SBI also gained around 8 percent. Other than these stocks, Shree Cements gained 692.95 points and closed at Rs 22,089.60. FMCG stocks were in news as today almost all the stocks ended on negative note. Nestle fell by 99.75 points and HUL decreased by 33 points.

Market update 4th June 2020. Market declines marginally after six sessions of gains.