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NSE Market Update 2023-12-01

360MiQ 0

NIFTY 50 rose 0.7% (+135 pts), closed at 20268 points, rose 4 days in a row, hit a record high, rose 2.4% (+473 pts) for the week, rose 5 weeks in a row.

Among the 150 largest-cap stocks, 95 (63%) closed higher. 55% of all NSE stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.1% to 1.6%. 5 sectors outperformed the market. The market was up 0.6%; Real Estate was up 1.6%, the best performer; Consumer Cyclical was up 0.1%, but already the worst performer.

● General Insurance Corporation of India (GICRE) largely retreated -4% (-$12.65), closed at $306.9, the worst % loss in more than 2 months, fell -0.07% (-$0.2) for the week after a 2-week winning streak. The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=GICRE.N

● Berger Paints (I) (BERGEPAINT) rose 2% (+$11.75), closed at $586.15, rose 2.2% (+$12.6) for the week, crossed above MA20 and MA50 ($576.29, $575.13). The largest increase in volume today.
360miq.com/stockinfo?code=BERGEPAINT.N

● Power Finance (PFC) spiked 9% (+$30.25), closed at $365.15, rose 4 days in a row, the best % gain in nearly 3 months, also hit a record high, rose 15.9% (+$50.2) for the week, rose 5 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=PFC.N

● REC (RECLTD) jumped 7.3% (+$25.3), closed at $374, rose 4 days in a row, the best % gain in nearly 3 months, also hit a record high, rose 10.7% (+$36.05) for the week.
360miq.com/stockinfo?code=RECLTD.N

360miq.com/market?data=NSE#tab-3

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