Friday, August 14, 2020

Stock Market Today Updates | Nifty & Sensex |14 August 2020

Today Stock Market Updates 

In the second half selling seen in the Stock Market and dragged  Nifty and Sensex below the crucial levels of 11,200 and 38,000 respectively.It was mainly due to selling pressure in Auto and Banking sector.
At close, the Sensex was down 433.15 points or 1.13% at 37877.34, and the Nifty was down 122.10 points or 1.08% at 11178.40. About 1085 shares have advanced, 1600 shares declined, and 133 shares are unchanged.
Top gainers were Lupin, Indiabull Venture , Jsw Energy , PNB Housing.
Top Looser were Eicher , Balkrishna Ind , Tatamotors, Bosch.

Nifty on 1 hour Chart

stock market today, finvestonline.com

Today Top News & Events

=>As retail inflation nears 7% on the back of soaring food prices, RBI may hold rates
As the price rise continues, the central bank may yet again decide against any rate cut since inflation in the last two consecutive quarters has already breached its 6 % target
=> Eicher Motors shares tank nearly 5% on weak Q1
Shares of Eicher Motors on Friday tanked nearly 5 % after the company reported a consolidated net loss of Rs 55 crore for the first quarter ended June 30. The stock tumbled 4.54 % to Rs 20,686.05 on the BSE. At the NSE, it plunged 4.57 % .
=>Wholesale Prices Stay In Deflationary Mode For Fourth Month In July
WPI inflation in June was at (-) 1.81 % , while for the month of May and April it was (-) 3.37 % and (-) 1.57 % respectively. However, wholesale inflation of food articles spiked in July, coming at 4.08 %, as compared to 2.04 % .

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