NIFTY 50 rose 0.6% (+127 pts), closed at 21743 points, crossed above MA20 (21667 pts).
Among the 150 largest-cap stocks, 103 (69%) closed higher. Despite NIFTY 50 rising 0.6%, only 46% of all NSE stocks rose with the index.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.5% to 1.2%. only 2 sectors outperformed the market. The market was up 0.5%; Financial was up 1.2%, the best performer; Basic Materials was down -0.5%, the worst performer.
● Indian Railway Finance (IRFC) largely rebounded 15.4% (+$20.5) after a 3-day losing streak, closed at $153.45. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=IRFC.N
● Rail Vikas Nigam (RVNL) largely rebounded 7% (+$16.1), closed at $245.7.
360miq.com/stockinfo?code=RVNL.N
● Hindalco Industries (HINDALCO) tanked -12.4% (-$72.35), closed at $510.1, fell 3 days in a row, the worst % loss in more than 46 months, also hit a YTD low, crossed below MA20 and MA50 ($570, $567.37). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=HINDALCO.N
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