Monday, October 22, 2018

MARKET SUMMARY OF 22 OCT 2018


The benchmark indices ended lower on Monday weighed by blue-chip firms like IndusInd Bank, YES Bank, Reliance Industries (RIL) and Asian Paints.The S&P BSE Sensex ended at 34,134, down 181 points, while the broader Nifty50 index settled at 10,245, down 58 points.Among sectoral indices, the Nifty Bank index settled largely flat. ICICI Bank rose 4 per cent to Rs 328.20. However, IndusInd Bank crashed 7 per cent to end at Rs 1,467.00.
In key stocks, RIL fell 3.5 per cent to Rs 1,063.20 on the NSE, Asian Paints slipped 3.1 per cent to Rs 1,196.90 and Dewan Housing Finance Corporation (DHFL) declined 11.1 per cent to Rs 187.00.
Shares of Dewan Housing Finance Corporation Limited (DHFL) has dipped 9% to Rs 191 on the National Stock Exchange (NSE) in intra-day trade, falling more than 30% in past four trading sessions on funds selling.Since October 15, in past four trading days, DHFL tanked 32% from Rs 282, as compared 1.3% decline in the Nifty 50 index. The stock is trading at its lowest level since June 24, 2016, on the NSE

TOP GAINERS:ICICIBANK,NTPC,BAJAJAUTO
MAJORLOOSERS: BPCLRELIANCE,ASIAN PAINT


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