NIFTY 50 largely rose 1.8% (+385 pts), closed at 21738 points, the best % gain in nearly 2 months, crossed above MA20 (21633 pts).
Among the 150 largest-cap stocks, 119 (79%) closed higher. 60% of all NSE stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to 6.2%. 3 sectors outperformed the market. The market was up 1.7%; Energy spiked 6.2%, the best performer; Technology remained unchanged, but already the worst performer.
● Oil & Natural Gas (ONGC) soared 7.9% (+$18.45), closed at $252.5, the best % gain in more than 21 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=ONGC.N
● Reliance Industries (RELIANCE) soared 7% (+$189.95), closed at $2896.1, rose 3 days in a row, the best % gain in more than 40 months, also hit a record high.
360miq.com/stockinfo?code=RELIANCE.N
● SBI Cards and Payment Services (SBICARD) largely retreated -5.8% (-$44.3), closed at $715.55, the worst % loss in more than 25 months, also hit a YTD low, crossed below MA50 ($755.85). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=SBICARD.N
360miq.com/market?data=NSE#tab-3
