NIFTY 50 rose +0.7% (+151 pts) after a 4-day losing streak, closed at 22147 points, fell -1.7% (-372 pts) for the week after a 4-week winning streak, is testing MA50 (22161 pts).
Among the 150 largest-cap stocks, 63 (42%) closed higher. Despite NIFTY 50 rising 0.7%, only 40% of all NSE stocks rose with the index.
In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, ranging from -0.9% to +0.5%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.1%; Communication was up +0.5%, the best performer; Technology was down -0.9%, the worst performer.
● Lupin (LUPIN) largely fell -2.9% (-$46.5), closed at $1547.55, the worst % loss in nearly 4 months, also a 50-day low, fell -4.6% (-$74.7) for the week. The worst performer today but with average volume.
360miq.com/stockinfo?code=LUPIN.N
● Bajaj Finance (BAJFINANCE) largely rose +3.3% (+$226.3) after a 4-day losing streak, closed at $7119.5, the best % gain in more than 3 months, fell -1.5% (-$110.05) for the week, crossed above MA20 ($7050.11). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=BAJFINANCE.N
● HDFC Bank (HDFCBANK) rose +2.4% (+$36.6), closed at $1531.3, rose +0.8% (+$12.35) for the week.
360miq.com/stockinfo?code=HDFCBANK.N
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