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MARKET WRAP: Sensex ends 114 pts higher, ITC surges 7%; India VIX drops 8%

All that happened in the markets today

SI Reporter New Delhi
Markets, sensex, nifty, share market, BSE, NSE, traders, stock brokers
Nifty held on to the crucial 9,100-level to end at 9,106.25, up 40 points or 0.44 per cent.

3 min read Last Updated : May 21 2020 | 4:14 PM IST

4:14 PM

MARKET COMMENT | Vinod Nair, Head of Research at Geojit Financial Services

"In spite of mostly negative global cues, the Indian indices traded positive before paring gains and ending up by around 0.4%. The announcement that domestic airlines would be allowed to resume operations enabled aviation stocks to trade positive. Markets are expected to trade in a range, until further directions from the government, while stock-specific moves, based on the ongoing earnings season and sectoral impact of the lockdown measures, will continue."

3:49 PM

SECTOR WATCH | Auto, FMCG stocks rally

3:45 PM

MARKET AT CLOSE | Gainers and losers on the S&P BSE Sensex

3:36 PM

CLOSING BELL

The S&P BSE Sensex ended 114 points or 0.37 per cent higher at 30,932.90 levels while NSE's Nifty ended at 9,106.25, up 40 points or 0.44 per cent.

3:26 PM

MARKET CHECK

3:18 PM

MARKET CHECK | Top 5 gainers on the BSE at this hour

3:07 PM

SECTOR ALERT :: Nifty FMCG index ruling 2% higher

3:07 PM

Strides Pharma to conduct trials in India for potential COVID-19 drug, reports Reuters

Indian pharmaceutical company Strides Pharma Sciences said on Thursday it has got regulatory approval to conduct clinical trials of antiviral drug favipiravir, considered a potential treatment for COVID-19. The Bengaluru-based company has received approval from the Drug Controller General of India to conduct trials of favipiravir in the country, Strides Founder and Non-Executive Chairman Arun Kumar said on a post-earnings conference call, without giving any more details, the report said. 

3:01 PM

Index contributors at this hour

2:54 PM

Airlines to follow ticket price rules as domestic flights begin from May 25

Airlines should stick to ticket price guidelines issued by India's civil aviation ministry when they restart some domestic flights, two months after air travel was halted to fight the novel coronavirus, the ministry said on Thursday.
 
Airlines should adhere to the lower and upper limits of fares set by the ministry, it said in a notice, but it did not give details on the amounts. READ MORE

2:45 PM

Rights Issue Day 2 | RIL-RE surges over 15%

2:39 PM

SECTOR ALERT :: Nifty Bank index slips into the red

2:39 PM

EARNINGS ALERT | HZL defers FY21 guidance due to uncertainty over Covid-19 lockdown and disruption

2:30 PM

MARKET CHECK | Hindustan Zinc down 0.6% post Q4 nos

>> Net profit declines 33.4% YoY to Rs 1,339 crore;
>> Revenue from operations down 20%YoY to Rs 4,391 crore;
>> Announces interim dividend of Rs 16.5 

2:20 PM

SECTOR ALERT :: Nifty CPSE index trades weak in a firm market

>> NTPC, Cochin  Shipyard, ONGC, down between 1 and 2.7 per cent, were the top losers on the index

Topics :CoronavirusMARKET WRAPBajaj AutoMarketsDr Reddy's LaboratoriesBajaj FinservColgate Palmolive

First Published: May 21 2020 | 7:44 AM IST