Market Highlights - 25.08.2020

Market Highlights - 25.08.2020

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๐Ÿ’Ž Sensex & Nifty close flat, but at fresh 6-month highs

๐Ÿ’Ž Financial heavyweights help Nifty Bank close at over 5-month high

๐Ÿ’Ž Banks support while It, FMCG & Reliance Industries drag market

๐Ÿ’Ž Sensex gains 45 points to 38,844 & Nifty 6 points to 11,472

๐Ÿ’Ž Midcap Index advances 58 points to 17,160 & Nifty Bank 259 points to 23,092

๐Ÿ’Ž Tata Motors plans reducing net debt to zero in 3 years, stock up nearly 5%

๐Ÿ’Ž Tech Mahindra gains over 2% as company sees acceleration in deal signings

๐Ÿ’Ž Max Financial closes with a gain of 13% after revision of Axis Bank-Max Life deal

๐Ÿ’Ž Adani Group stock continue their upmove; Adani Enterprises up 24%, Adani Power 5%

๐Ÿ’Ž Tata Motors, Bajaj Finance, SBI, Tech Mahindra top Nifty gainers

๐Ÿ’Ž Adani Enterprises, Max Financial, LIC Housing, Adani Gas, Chola Investment gain the most amongst midcaps

๐Ÿ’Ž Market Breadth favours declines; advance-decline ratio at 4:5

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