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NSE Market Update 2023-12-27

360MiQ 0

NIFTY 50 rose 1% (+214 pts), closed at 21655 points, rose 4 days in a row, hit a record high.

Among the 150 largest-cap stocks, 107 (71%) closed higher. 51% of all NSE stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors remained unchanged, ranging from 0% to 1.3%. 4 sectors outperformed the market. The market was up 0.7%; Communication was up 1.3%, the best performer; Utilities, Energy remained unchanged, but already the worst performers.

● Vedanta (VEDL) largely fell -3.6% (-$9.3) after a 3-day winning streak, closed at $252.4. The worst performer but with average volume.
360miq.com/stockinfo?code=VEDL.N

● Bajaj Auto (BAJAJ-AUTO) largely rose 3.8% (+$245.1), closed at $6709.65, rose 3 days in a row, the best % gain in more than 2 months, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=BAJAJ-AUTO.N

● Life Insurance Corporation Of India (LICI) largely rebounded 5.1% (+$40.1), closed at $821.4, hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=LICI.N

● Hindalco Industries (HINDALCO) jumped 4.4% (+$25.75), closed at $605.6, rose 4 days in a row, the best % gain in nearly 3 months, also hit a YTD high.
360miq.com/stockinfo?code=HINDALCO.N

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

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