Cognizant withdraws FY20 guidance, halts buyback | Sensex ends 7-week losing run | Govt support just 1% of GDP, against 6% in FY09

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DAILY BRIEF Thu, Apr 09, 2020 #MarketCrash#Coronavirus#StockScreener#ExpertViews#StockRecos SENSEX 31159.62 1265.66 NIFTY 50 9111.90 363.15 Gold 45303.00 362.00 USD/INR 76.29 -0.07

TOP OF THE DAY Cognizant withdraws FY20 sales guidance, stops share buyback Revenue in the first quarter is now expected to be $4.22-$4.23 billion. Govt support in FY09 was 6% of GDP; it's just 1% so far: Guha Economy in bad shape, don't get romantic about the rally: Sharma Sensex soars 1,266 points, snaps 7-week losing streak Bulls are back? No, they are here for a stroll. Brace for fresh selloff Tech View: Nifty forms Long Bullish Candle, may be headed to 9,300-600 What's keeping Shankar Sharma busy 14 hours a day amid this lockdown

Top Gainers NSE 51 companies (largecap) appreciated more than 5% Motherson Sumi 17.53% M&M 16.85% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -3% Hind. Unilever -3.60% More from Losers 52 Week High NSE 11 companies touched new 52-week high today Divis Laboratories 6.54% Ruchi Soya Inds 5.00% More from 52 Week High

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The wealth creation opportunity on the way out of Corona crisis India's GDP growth is likely to come down from 6% to 2.1%. Market Movers: M&M, Maruti, Cipla soar; 19 stocks turn 'overbought' F&O: Bulls finally in charge, but Bank Nifty upside looks capped Pharma strong bet from both short & long-term perspective: Somaiyaa

Market moguls Podcast Video The wealth creation opportunity on the way out of Corona crisis ETMarkets Evening Podcast: What strategy should you follow now? The man who saw the stock selloff coming now has no time for lockdown

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Banking will have to go through acid test in the coming months: Sambre A certain amount of volatility will continue in the market, says Head of Equities at DSP MF. Retail investors shrug off market mayhem; SIP inflows hit record highs Large private banks, consumer staples top bets in this market: Girish Pai Q4 earnings season kicks off next week: Here's what to expect

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