#JustIn | #Polycab in strategic partnership with #Redington for distribution of its networking solutions

#MarketAtClose | #Midcaps continue to outperform, Nifty Midcap Index posts record close
#Sensex, #Nifty & #NiftyBank close with minor gains in a range-bound session
Sensex rises 119 points to 62,547 & Nifty 46 points to 18,534
Midcap Index gains 154 points to 33,967 & Nifty Bank 148 points to 43,938
Metal stocks rise on improved global prices, #Hindalco up over 3%
#ApolloHospitals gains another 3% on Friday, up 8% for the week
#HeroMoto continues its positive run, less than 2% away from 52-wk high
#Auto stocks rise after strong sales in May, M&M, #Maruti, #TVSMotor up 2% each
Pharma stocks see some buying, Dr Reddy’s, Sun, Laurus up over 1% each
New-age cos like #Zomato & #Nykaa see healthy gains on Friday, up 4-8%
4 #Nifty stocks (#BajajAuto, #Britannia, #TaMo, #ApolloHosp) hit 52-week highs today
M&M Fin gains more than 1% to hit 52-week high after strong May biz update
NCC, #DLF, #PFC, #REC, #Trent, #Polycab, #Persistent, #NBCC, #Lupin at 52-week highs
#Aurobindo, L&T Fin, #Coforge, #DeltaCorp, #IndianHotels, #Syngene at 52-week highs
#Market breadth favours advances, advance-decline ratio at 2:1

#Polycab denies media reports on tax evasion by the company.

#Polycab denies receiving any notice from the #IncomeTax Department, #TCS and #Infosys see headcount decline in Q3.

#NewsFlash | Sources On #Polycab

👉Promoters entity likely to sell up to 0.81% stake in co via block deals

👉Offer size is ₹887.6 cr, floor price at ₹7,300/sh

#NewsFlash | Block deal in #Polycab ;

▶️Promoters sell 1.5% equity in Polycab for ₹1,740 Crore

▶️Deal executed at an average price of ₹7,458/Sh