The indices on Friday opened lower backed on weak global cues and the economic stability getting disturbed due to the virus tally going up each new day in the country.
The market was trading lower with Sensex down over 200 points and Nifty Bank slipping over 400 points as Bank and Financial stocks underperform on 24th July on the last trading day of the week.
Stocks In News at Mid Session:
1)M&M Financial
The stock dipped over 5% on Friday being the top loser of Nifty since opening and hitting the day’s low of Rs 139.75. The stock on 22nd July surged over 10% after posting quarter results on 21st July and later today clearing of the highs.
2) Reliance
The stock is continues the upward rally on the 3rd consecutive day as it reachs new highs crossing the 2100 mark in the early trade being the top gainer of Nifty surging over 4%. The company was supposed to post their results today but it was postponed to a further date of 30th July.
3) ICICI BANK
The Banking stock dipped over 4% in early trade being amongst the top loser of Nifty and contributing the most in the downfall of Nifty. The stock was at day’s low of 372.15. Nifty Bank was trading lower with losing over 400 points on Friday.
4) Zee Entertain
The stock cleared the previous day’s gains and slipped nearly 5% on Friday ahead of Q1 results of the company to be announced on 24th July.