Overall today markets are trading weak with both indices Nifty and Sensex down 0.4% but managed to hold that level from the morning. In Nifty 50 stocks Cipla, Grasim, SBI and Sun Pharma up more than 3% as of now and Reliance, Eicher Motors down more than 2%. Markets across the world ignored record low GDP lows in US and Euro Zone due to corona virus covid 19 because it was anticipated and better than analyst expectations. Last night after US markets closed major tech giants – Apple, Facebook, Alphabet and Amazon – reported a better than expected earnings so US per-markets futures also up with NASDAQ futures up more than 1%.
Gainers : Cipla (4.6%), Grasim Industries (4.5%), State Bank of India (3.2%), Sun Pharmaceutical Industries (3.1%), UPL (2.8%), Vedanta (2.6%), JSW Steel (2.6%), Shree Cement (1.6%), Losers : Eicher Motors (-2.5%), Reliance Industries (-2.0%), HDFC Bank (-1.9%), Bajaj Auto (-1.5%), Asian Paints (-1.4%), Housing Development Finance Corporation (-1.4%)
Top Buy Bids : Cipla (53%), Grasim Industries (27%), Power Grid Corporation of India (20%), Shree Cement (13%), Maruti Suzuki India (10%), JSW Steel (10%), Mahindra & Mahindra (6%), Sun Pharmaceutical Industries (6%), Top Sell Bids : Reliance Industries (-81%), Kotak Mahindra Bank (-78%), HDFC Bank (-75%), Axis Bank (-71%), IndusInd Bank (-69%), ICICI Bank (-65%), Housing Development Finance Corporation (-63%), Wipro (-41%)
Volume Gainers : Sun Pharmaceutical Industries (206.1%), Cipla (163.3%), UPL (85.2%), State Bank of India (84.5%), Grasim Industries (77.3%), Indian Oil Corporation (46.1%), Reliance Industries (41.6%)
Major Recoveries Today : Grasim Industries (4.7%), Cipla (4.4%), UPL (3.8%), Sun Pharmaceutical Industries (3.6%), State Bank of India (3.2%), JSW Steel (3.1%), Axis Bank (2.3%), Bajaj Finance (2.1%), Major Drops Today : Eicher Motors (-4.0%), Wipro (-3.7%), Bharat Petroleum Corporation (-3.3%)