#MarketAtClose | Sensex & Nifty Close Flat With Banks Dragging The Market

Midcaps Outperform Frontliners With Midcap Index Gaining Nearly 1%

Sensex Slips 132 Points To 52,100 & Nifty 20 Points To
#MarketAtClose | Nifty Bank Falls 357 Pts To 35,292 While Midcap Index Rises 189 Pts To 26,552

PSUs Like ONGC, Coal India & IOC Amongst Top Nifty Gainers

L&T Rises Nearly 2% Post Positive Comment From Management
#MarketAtClose | Adani Stocks Continue To Move Higher; Adani Ent Up 8%, Adani Pwr Up 5%

Housing Fin Cos Gaining On Continued Upmove In PNB Housing

Indiabulls Housing Fin Surges 14%, LIC Hsg 6% & HDFC Over 1%
#MarketAtClose | Bharat Forge Surges 8% On Better-than-expected earnings & Strong Outlook

NMDC Rises 4% As Private Miners Likely To Have Hiked Prices

Spandana Sphoorty Rises 7% On Rpts Of Axis Bk Mulling To Buy Co

Market Breadth Favours Advances; Advance-Decline Ratio At 4:3

• • •

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More from @CNBCTV18Live

5 Jun
#MaharashtraUnlock | Maharashtra Govt announces 5-level unlock plan. Most activities under level-1 and level-2 categories are allowed to function without any restrictions
#MaharashtraUnlock | Shops, malls, theatres, restaurants can function without any restrictions in cities under level-1
#MaharashtraUnlock | Private & govt offices in cities falling under level-1 and level-2 can function with 100% capacity
Read 7 tweets
4 Jun
#RBIPolicy | @RBI’s Monetary Policy Committee maintains Repo Rate at 4%
#RBIPolicy | @RBI’s Monetary Policy Committee decides to maintain ACCOMMODATIVE stance as long as necessary
#RBIPolicy | Reverse Repo Rate maintained at 3.35%, MSF rate at 4.25% & Bank Rate at 4.25%
Read 11 tweets
4 Jun
Bankers see monetary Policy Committee maintaining status quo in today’s #RBIPolicy announcement

@RBI
#RBIPolicy Poll | Majority of the bankers expect @RBI to cut its FY22 GDP forecast to sub-10% & also lower the Q1FY22 GDP estimate from the earlier forecast of 26.2%
#RBIPolicy Poll | @RBI is expected to retain Q1FY22 CPI inflation forecast of 5.2% & Q2FY22 forecast of 5.2%
Read 4 tweets
3 Jun
#MarketAtClose | Sensex, Nifty & Midcap index post record closing highs.
Frontline indices gain nearly 1% each on weekly expiry day.
Sensex rises 383 points to 52,232 & Nifty 114 points to 15,690 Image
#MarketAtClose | Nifty Bank gains 275 points to 35,649 & Midcap index 245 pts to 26,363
Titan top Nifty gainer with a move of over 6% on unlock theme.
ONGC continues to move higher on rising crude prices, up 4%
#MarketAtClose | IndusInd Bank ends in the red, but is 4% off intra-day low.
Adani shares continue to move higher; Adani Ports up 1.6%, Adani Ent up 3% Image
Read 5 tweets
2 Jun
Reliance Industries: Co made pre-payment of $7.8 billion of long-term foreign currency debt in FY21 - #AnnualReport
Reliance Ind Annual Report: Mukesh Ambani Says have a strong balance-sheet with high liquidity that will support growth plans. Strong #balancesheet will support growth plans Jio, Retail & O2C.

JioMart continues to grow
in scale wrt traffic, active users & orders
RIL Annual Report | Mukesh Ambani: Ajio.com saw 3x rise in biz on high orders,improvement in all metrics

Qualcomm, Jio successfully tested 5G solns in India,achieved 1 gbps milestone

Demand destruction in H1 saw sharpest global oil demand contraction in decades
Read 5 tweets
2 Jun
SC On Pvt Hospitals: Present system of allowing only digital registration & booking of appointment on CoWIN coupled with current scarcity of vaccines, will ultimately ensure that initially all vaccines, whether free or paid, are 1st availed by the economically privileged.

thread
Supreme Court: Private Hospitals provide a public health service, they still remain private, for-profit entities.

Consequently, they may sell the vaccine doses procured at a higher price.

*Follow thread for more*
Supreme Court: Private hospitals also may not sell all their vaccine doses publicly through appointments on #CoWIN, but rather sell them for lucrative deals directly to private corporations who wish to vaccinate their employees

*Follow thread for more*
Read 4 tweets

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