Market Highlights - 26.08.2020

Market Highlights - 26.08.2020

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💎 Indian indices ended higher on Wednesday, tracking the gains in auto stocks post Finance Minister's comment on two-wheelers that the GST Council may consider a rate revision for the segment.

💎 At close, the Sensex ended 230 points higher to 39,073 while the Nifty50 index ended at 11,550, up 77 points. Broader market outperformed the benchmarks yet again, with Nifty Midcap100 and Nifty Smallcap 100 indexes closing 0.55 percent and 1.05 percent respectively.

💎 Barring FMCG and pharma, all sectors ended in green. Nifty Media remained the best-performing index of the day, closing 2.48 percent higher followed by Nifty Private Bank (+1.87 percent) and Nifty Auto (+1.56 percent).

💎 Tata Motors and Hero MotoCorp remained the top gainers of the Nifty50 index. Meanwhile, Bharti Airtel and UltraTech Cement were the index top losers.

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