The Indian Indices on the first trading day of the current weak closed stronger with good numbers led by Bank and Financial stocks in the trading session, Nifty Bank was up by over 400 points on Monday.
At closing, Sensex was trading at 37418.19 up by 398 points or 1.08% and Nifty at close was trading at 11027 up by 126 points or 1.16%.
Britannia and Hdfc were the major stocks in news and action considering the strong Q1 results of both the companies for the quarter ended in June 2020.
Highlights as of 20th July:
- The markets closed higher on Monday giving the week a boost start and Nifty reaching 11000 mark in the early trade.
- Banks stocks outperformed and led Nifty bank to surge over 400 points.
- IT stocks joined the gainers list in the last hour of trading as Wipro and Infosys shine.
- Wipro and Infosys were up by 4% each in the last hour of trading adding to the top gainers of Nifty on Monday.
- HDFC Bank was at day’s high of 1152.90 surging nearly 5% on Monday.
- Britannia after strong Q1 results was the top gainer of Nifty hitting the 52-Week high mark of Rs 3993.00 on Monday.
- M&M Finance gained over 10% on Monday closing at 228.90.
- Pharma stocks added to the top losers on the Nifty side on July 20.
- Sun pharma was down by nearly 4%, cipla falls over 2.5%.
- Nifty Bank at closing was at 22280.60 up by 313 points or 1.18%.
