NIFTY 50 fell -1.4% (-303 pts), closed at 21150 points, the worst % loss in 9 months.
Among the 150 largest-cap stocks, 8 (5%) closed higher. Only 9% of all NSE stocks ended higher, the least for nearly 2 months.
In terms of sectors, all sectors were down with losses from -0.7% to -4.8%. 5 sectors outperformed the market. The market was down -2.5%; Consumer Defensive was down -0.7%, but already the best performer, reflecting a more conservative market sentiment; Utilities was down -4.8%, the worst performer.
● Varun Beverages (VBL) spiked 7% (+$81.75), closed at $1253.4, rose 3 days in a row, the best % gain in more than 1 year, also hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=VBL.N
● Indian Overseas Bank (IOB) largely retreated -9.3% (-$4.35) after a 4-day winning streak, closed at $42.3, the worst % loss in nearly 1 year. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=IOB.N
● Indus Towers (INDUSTOWER) sank -8.2% (-$16.05), closed at $180.65, the worst % loss in more than 10 months, also a 33-day low, crossed below MA20 and MA50 ($189.35, $186.44).
360miq.com/stockinfo?code=INDUSTOWER.N
360miq.com/market?data=NSE#tab-3
