NIFTY 50 rose +0.9% (+189 pts), closed at 22336 points, the best % gain in more than 1 month, crossed above MA20 and MA50 (22313 pts, 22172 pts).
Among the 150 largest-cap stocks, 118 (79%) closed higher. 74% of all NSE stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to +1.9%. 5 sectors outperformed the market. The market was up +1.2%; Industrials was up +1.9%, the best performer; Utilities was down -0.1%, but already the worst performer.
● Thermax (THERMAX) largely retreated -4.3% (-$209.25), closed at $4602.65, the worst % loss in nearly 6 months. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=THERMAX.N
● United Spirits (MCDOWELL-N) largely rebounded +3.3% (+$36.7), closed at $1159.8, crossed above MA20 and MA50 ($1140.98, $1137.14). The largest increase in volume.
360miq.com/stockinfo?code=MCDOWELL-N.N
● Union Bank of India (UNIONBANK) largely rebounded +7% (+$9.9) after an 8-day losing streak, closed at $150.6, the best % gain in more than 5 months, crossed above MA50 ($148.35). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=UNIONBANK.N
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