109: 26.08.2020 | Auto, bank stocks drive markets higher.
Mint Evening Market Wrap
English - August 26, 2020 13:42 - 4 minutes - 3.99 MBBusiness News News where to invest everyday podcast bull of dalal street money bazaar share market best investment share market holidays listens business podcast podcasts Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 108: 25.08.2020 | Lacklustre markets end marginally higher
The BSE Sensex ended at 39,073.92, gaining 230.04 points or 0.59%. The Nifty closed at 11,549.60, adding 77.35 points or 0.67%. Midcap and smallcap indices rose for the 8 consecutive sessions, since January 2020.. Markets breadth remained in favour of bulls. For every loser, there were two gainers. Sectorally auto and banking index contributed most. Auto stocks gained on expectations of government measures to help out the ailing sector. Pharma and FMCG stocks were dull. IndusInd Bank, Reliance Industries, Axis Bank, Kotak Mahindra Bank and Bajaj Auto were top gainers on the Sensex. Among laggards were Bharti Airtel, Ultratech Cement, Asian Paint, Maruti and L&T.