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NSE Market Update 2024-02-29

360MiQ 0

NIFTY 50 slightly rebounded 0.1% (+31.8 pts), closed at 21983 points, rose 1.2% (+257 pts) for the month, is testing MA20 (21960 pts).

Among the 150 largest-cap stocks, 103 (69%) closed higher. 50% of all NSE stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.2% to 0.8%. 4 sectors outperformed the market. The market was up 0.4%; Financial was up 0.8%, the best performer; Healthcare was down -0.2%, but already the worst performer.

● NMDC (NMDC) rose 1.3% (+$2.85) after a 4-day losing streak, closed at $225.9, rose 2.8% (+$6.05) for the month. The largest increase in volume today.
360miq.com/stockinfo?code=NMDC.N

● Berger Paints (I) (BERGEPAINT) surged 7.5% (+$42.5), closed at $606.7, the best % gain in more than 22 months, also hit a YTD high, rose 7.4% (+$41.55) for the month, crossed above MA50 and MA200 ($575.54, $571.51). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=BERGEPAINT.N

● Max Healthcare Institute (MAXHEALTH) plummeted -6.8% (-$58.2), closed at $793.35, the worst % loss in 3 years, rose 1.6% (+$12.55) for the month, crossed below MA20 ($846.67). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=MAXHEALTH.N

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