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NSE Market Update 2024-04-12

360MiQ 0

NIFTY 50 fell -1% (-235 pts), closed at 22519 points, rose +0.02% (+5 pts) for the week, rose 4 weeks in a row.

Among the 150 largest-cap stocks, 37 (25%) closed higher. Only 30% of all NSE stocks ended higher.

In terms of sectors, all sectors were *down with losses from -0.3% to -1.3%. 5 sectors outperformed the market. The market was down -0.7%; Industrials was down -0.3%, but already the best performer; Healthcare was down -1.3%, the worst performer.

● Hindustan Zinc (HINDZINC) soared +7.6% (+$30.65), closed at $431.95, rose 9 days in a row, hit a record high, rose +27.1% (+$92) for the week, rose 2 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=HINDZINC.N

● PB Fintech (POLICYBZR) largely retreated -5.1% (-$67.45) after a 6-day winning streak, closed at $1264.15, the worst % loss in 2 months, fell -1.1% (-$14.15) for the week. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=POLICYBZR.N

● Sun Pharmaceutical Industries (SUNPHARMA) largely fell -4% (-$64.05), closed at $1540, the worst % loss in more than 34 months, also a 34-day low, fell -4.3% (-$69) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($1589.45, $1554.15).
360miq.com/stockinfo?code=SUNPHARMA.N

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

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