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Inventory Market Highlights: Sensex drops 410 pts from day’s excessive and Nifty50 provides up 16,550 dragged by IT and FMCG shares

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June 1, 2022
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Market At Shut | Sensex and Nifty50 off day’s lows as banking shares assist market trim losses

Listed here are some highlights: 

–Bajaj Auto shares down 4 p.c on weak month-to-month gross sales and muted near-term outlook

–Ashok Leyland, Maruti, TVS, Tata Motors report in line or better-than-expected month-to-month gross sales

–Tractor majors M&M, Escorts gross sales higher than estimates

–Hindalco, Vedanta, Nalco slip on weak world costs

–IT shares drags market

–Nifty IT prime loser amongst NSE’s sectoral gauges

–Astral jumps 5 p.c on constructive commentary in analyst meet

–Delta Corp drops three p.c after Rakesh Jhunjhunwala cuts stake in co

–ICICI Prudential, Torrent Energy, BEL, Astral, Voltas, HAL, Dr Lal prime midcap gainers

–Syngene, Piramal Enterprises, SRF, Marico, Mphasis prime midcap losers

–Market breadth favours bulls, advance-decline ratio at 5:4



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