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NSE Market Update 2023-12-26

360MiQ 0

NIFTY 50 rose 0.4% (+92.3 pts), closed at 21441 points, rose 3 days in a row.

Among the 150 largest-cap stocks, 103 (69%) closed higher. 59% of all NSE stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.4% to 1.6%. 6 sectors outperformed the market. The market was up 0.5%; Utilities was up 1.6%, the best performer, reflecting a more conservative market sentiment; Technology was down -0.4%, but already the worst performer.

● Zomato (ZOMATO) largely fell -2.7% (-$3.5), closed at $125. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=ZOMATO.N

● Divi’s Laboratories (DIVISLAB) soared 4.6% (+$168.55), closed at $3863.5, rose 3 days in a row, the best % gain in more than 1 month, also hit a YTD high, crossed above MA20 ($3718.18). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=DIVISLAB.N

● Adani Green Energy (ADANIGREEN) soared 4.4% (+$67.1), closed at $1600.2, rose 3 days in a row.
360miq.com/stockinfo?code=ADANIGREEN.N

● Bharat Electronics (BEL) largely rose 4.1% (+$7.15), closed at $181.95, rose 3 days in a row, the best % gain in nearly 6 months, also hit a record high.
360miq.com/stockinfo?code=BEL.N

● Hindustan Aeronautics (HAL) spiked 4.3% (+$116.95), closed at $2820.65, hit a record high.
360miq.com/stockinfo?code=HAL.N

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