The Sensex will be seen colliding between 31222 to 30088 and the Nifty between 9222 and 8888

• A new four-day weekend
• Stock markets will be closed on Monday for Eid

Despite the recent announcement of an economic stimulus package of Rs 20 lakh crore by the central government to rescue the country from the Great Depression caused by the Corona epidemic, the Reserve Bank of India has also taken steps to alleviate the liquidity crunch in the country. The move is inadequate and the market, like this heart-wrenching peacock, has lashed out at banking-finance stocks last week.

Even the Reserve Bank of India (RBI) itself has acknowledged that it is extremely difficult to get the economy out of this predicament and has downgraded India's economic growth-GDP growth forecast for the current financial year. Even the international rating agency Moody's has predicted that India's economic growth will now be minus zero, giving a clear signal that the coming months, not the coming months, will be extremely challenging for the economy and corporate India.

Despite the slowdown in the lockdown, the first two quarters of the current financial year are likely to see corporate India weaken and rising global geopolitical tensions on the global front will continue to shake Indian markets, given signs that it will take a long time to get the economy back on track. So constant caution will be needed to follow the uptrend in the next final week of the May trend.

Stock markets will be closed on Monday for Eid

Stock markets will be closed on Monday, May 25, 2020 for Ramzan Eid in the new week. So in the coming four days of the end of May's Futures and Options (F&O) trend, the continued offloading of foreign funds will stop or increase and index-based fluctuations are likely to erupt amid a look at the Hong Kong case, including US-China trade tensions. Along with rising crude oil prices next week, rupee-US dollar fluctuations, China's industrial production growth for the month of April 2020, data to be released in May 2020 and Japan's industrial production for the month of April 2020 to be released on May 29, 2020 Will remain. So next week, the Sensex is likely to hit between 31222 to 30088 and the Nifty 9222 to 8888.

Dark Horse: Bajaj Consumer Care Ltd.

BSE (533229), NSE (BAJAJCON) Listed, Rs.1 Paid-up, Sugar, Consumer Goods, Power Generation and Infrastructure Development active Shishir Bajaj Group of Bajaj Consumer Care Ltd. (formerly BAJAJAR) .) Was established by Kamalnayan Bajaj in the year 1953 as Bajaj Sevashram for production and sale of hair oils and other beauty products. The company is currently in the hair oil category with brands like Bajaj Almond Drops Hair Oil, Bajaj Brahmi Amla Hair Oil, Bajaj Kailash Parbat Hair Oil, Bajaj Coco Jasmine Hair Oil. The company's flagship brand Bajaj Almond Drops Hair Oil ranks second in the Indian market with a premium, with market penetration rising to 20.1% from 17.6% in FY 2019-20 and one of the highest price per unit in the industry. The company sells its products in more than 3 million retail outlets through more than 7,000 stockists.

Bajaj Consumer Care owns three of the eight manufacturing factories in India, one in Himachal Pradesh, one in Uttarakhand and one in Guwahati. The third party has two units in Himachal Pradesh, one in Baroda and two in Uttarakhand. The company’s manufacturing units are GMP certified. The company has more than 454 employees in India. The company had earlier acquired the Nomarks brand and entered the Rs 9,000 crore market in the skin care category. The company has a portfolio of brands like Bajaj Nomarks Cream, Bajaj Nomarks Face Wash, Bajaj Nomarks Scrub, Bajaj Nomarks Wet Face Pack, Sunscreen, Nomarks Shop etc. in this skin care sector. The company has recently launched a new product Bajaj 6.69% Nomark Hand Sanitizer. The company continues to grow its international business presence and now sells its products in more than 30 countries in SAARC countries, the Gulf and the Middle East, Asian and African countries. Company U.A.E. And has its registered subsidiary offices in Bangladesh.

93% of households in India use hair oils. The top 10 hair oil brands account for 75.2 per cent of the total branded hair oil market. This large and fast-growing Rs 13,633 crore category has seen a CAGR growth of more than 11.1% in the last two years.

Share holding parton:

Promoter-owned 38.04% mutual funds hold 21.33 per cent, ICICI Prudential Equity Savings Fund holds 3.94 per cent, HDFC Trustee holds 1.23 per cent and Reliance Capital Trustee holds 2.06 per cent. Out of 28.09%, foreign portfolio investors have 1.29% from Lloyd George Investment Company Public, 3.37% from Matthew India Fund, 6.69% from Battery Investment Mauritius, 1.37% from Goldman Sachs India, 1.37% from Steinberg IndiaEng Is 1.68%. While ICICI Lombard General Insurance Company has 1.40%. Corporate bodies have 1.83% and individual share capital holders up to Rs 2 lakh have 7.09%.