Here are the key highlights from today's trading session:
1. Market ends lower with Nifty Bank underperforming Sensex and Nifty
2. Banks slip after RBI announces an extension of 3 months for moratorium
3. Sensex slips 260 points to 30,673 and Nifty 67 points to 9,039
4. Nifty Bank closes 456 points lower at 17,129 and midcap 95 points lower at 12,668
5. All top 5 Nifty losers are financials, Axis Bank, HDFC, Bajaj twins and ICICI Bank slip up to 5 percent
6. HDFC twins and ICICI drag Nifty by 72 points; Infosys supports with 18 points
7. Infosys gains 3% after US Court dismisses class action lawsuit filed in 2019
8. Zee Entertainment, M&M, Cipla and Shree Cement top Nifty gainers
9. Equitas, M&M Financial, Shriram Transport, Indiabulls Housing, AU Small Bank amongst top F&O losers
10. Market Breadth favours declines; advance-decline ration at 2:3
Weekly Highlights:
1. Market ends lower for 3rd straight week
2. Nifty slips 1%, Sensex 1.4% and Nifty Bank 8% this week
3. Midcap index down 2.5% this week, Nifty PSU Bank slips 8%
4. IndusInd Bank, Axis Bank, ICICI Bank and SBI top Nifty losers this week
5. 9 of top losers this week are financials
ITC, Cipla, M&M, Bharti Airtel and TCS top Nifty gainers this week