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NSE Market Update 2023-12-07

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NIFTY 50 slightly fell -0.2% (-36.8 pts) after a 7-day winning streak, closed at 20901 points.

Among the 150 largest-cap stocks, 92 (61%) closed higher. 57% of all NSE stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 4 sectors closed down, ranging from -0.8% to 3.4%. 5 sectors outperformed the market. The market was up 0.3%; Utilities was up 3.4%, the best performer, reflecting a more risk-averse market; Consumer Defensive was down -0.8%, the worst performer.

● Tata Power Company (TATAPOWER) jumped 10.8% (+$31.65), closed at $325.8, the best % gain in more than 25 months, also hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=TATAPOWER.N

● Fertilizers and Chemicals Travancore (FACT) largely retreated -3.8% (-$31.2), closed at $781.9, the worst % loss in more than 1 month. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=FACT.N

● Bharti Airtel (BHARTIARTL) fell -2.4% (-$24.45), closed at $1000, fell 3 days in a row, the worst % loss in 6 months.
360miq.com/stockinfo?code=BHARTIARTL.N

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

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