Tuesday, May 19, 2020
Indian markets tracked the other Asian markets and advanced today (19th May 2020), propped up by HDFC twins and Bharti Airtel.
The S&P BSE Sensex jumped 527 points, or 1.75 percent, to 30,550 levels and the Nifty50 index hovered around 8,970 levels. ONGC, up 6 percent, was the top Sensex gainer. Besides, Bharti Airtel surged 10 percent post its March quarter results to hit a new lifetime high, while HDFC also rose over 4 percent.
Nifty sectoral trends remained largely positive, led by the Nifty Financial Services index, up 1.6 percent.
In the broader market, the S&P BSE MidCap and SmallCap indexes were up half a percent each.
Today, 18 companies, including Bajaj Finance, Apollo Tyre, and Ujjivan Small Finance Bank, are scheduled to announce their March quarter earnings.
