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NSE Market Update 2024-04-15

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NIFTY 50 fell -1.1% (-247 pts), closed at 22273 points, the worst % loss in 1 month, crossed below MA20 (22284 pts).

Among the 150 largest-cap stocks, 23 (15%) closed higher. Only 14% of all NSE stocks ended higher, the least in 1 month.

In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to 0%. 6 sectors outperformed the market. The market was down -1.3%; Energy remained unchanged, but already the best performer; Financial was down -1.8%, the worst performer.

● Hindustan Zinc (HINDZINC) largely retreated -5.7% (-$24.7) after a 9-day winning streak, closed at $407.25, the worst % loss in nearly 15 months. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=HINDZINC.N

● Oil & Natural Gas (ONGC) largely rebounded +5.3% (+$14.15), closed at $279.85, the best % gain in more than 2 months, also a 23-day high, crossed above MA20 and MA50 ($266.99, $267.86). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ONGC.N

● JIO Financial Services (JIOFIN) tumbled -4.8% (-$17.9), closed at $354.3, the worst % loss in 1 month, crossed below MA20 ($354.99).
360miq.com/stockinfo?code=JIOFIN.N

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

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