Wednesday, May 20, 2020

Stock Market Report

 Visit us on www.sharekhan.com  |  May 20, 2020  |  5:30 PM

Sensex surges 622 points, Nifty ends above 9,050

Indian indices rise for second consecutive day on May 20


Major headlines

  • Infosys partners with Rhode Island in Fight against COVID-19
  • Dr Reddy's Q4 net profit rose by 76% YoY to Rs. 764.2 crore
  • JSW Energy reports profit of Rs. 108.4 crore Vs Rs. 4 crore YoY

For all the day's market news click here

Indian indices

Indian equity markets surged for second straight day, on May 20, led by the gains in pharma and financials sector. All sectoral indices ended in green. The Sensex rose by 2.06% or 622.44 points to 30,818.61. The Nifty up by 2.11% or 187.45 points to 9,066.55.


Indices performance for the day

IndicesClosingChg (pts)Chg (%)
BSE Sensex30818.61622.442.06
NSE Nifty9066.55187.452.11
BSE Midcap11278.22166.091.49
BSE Smallcap10472.37117.191.13

Following are the stocks/sectors which were in news today:

  • Tata Power rose by 3.09% to Rs. 33.35, after company reported net profit at Rs. 474.70 crore for the fourth quarter ended March 2020.
  • Ujjivan Small Finance Bank up by 3.77% to Rs. 27.55, after net profit rose by 14.7% to Rs. 73.15 crore in Q4 March 2020.
  • L&T Infotech jumped by 6.86% to Rs. 1,783.60, after company net profit rose by 12.9% YoY to Rs. 427.5 crore for the quarter ended March 2020.

Market sentiment

Market breadth (No of shares) Volume (Rs in crore)
 BSENSE BSENSE
Advance12871074Cash2015.7446310.28
Decline1029655F&O-1212767.00

Sectoral & stock screening

 

BSE Sensex A Group

Top 5 GainersClosing PriceChg (%) Top 5 LosersClosing PriceChg (%)
Minda Corporation60.3011.56 Arvind Fashion112.05-7.97
Jamna Auto Industries25.009.65 Bharti Infratel201.00-7.95
IFB Industries367.359.43 Sobha191.95-4.98
Astrazenca Pharma2960.658.83 Lemon Tree14.45-4.93
V-Mart Retail1650.007.96 Reliance Power1.81-4.74

To view all the key market data/statistics of the day click here

Global signals

Asian stock markets were mixed on May 20, as China’s benchmark lending rate was left unchanged.

European stocks slid into negative territory on May 20, as positive global market sentiment falters.

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Stock Market Report

  Visit us on   www.sharekhan.com   |   May 20, 2020  |  5:30 PM Sensex surges 622 points, Nifty ends above 9,050 Indian indices rise for se...