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NSE Market Update 2024-04-08

360MiQ 0

NIFTY 50 rose +0.7% (+152 pts), closed at 22666 points, hit a record high.

Among the 150 largest-cap stocks, 87 (58%) closed higher. Despite NIFTY 50 rising 0.7%, only 43% of all NSE stocks follow suit.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.5% to +1.4%. 6 sectors outperformed the market. The market was up +0.4%; Communication was up +1.4%, the best performer; Technology was down -0.5%, the worst performer.

● Info Edge (India) (NAUKRI) spiked +9.7% (+$550.75), closed at $6225.4, rose 3 days in a row, the best % gain in 26 months, also hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=NAUKRI.N

● REC (RECLTD) largely fell -3.8% (-$18.1), closed at $453.5, fell 3 days in a row, crossed below MA20 and MA50 ($454.72, $463.42). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=RECLTD.N

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