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NSE Market Update 2024-04-23

360MiQ 0

NIFTY 50 slightly rose +0.1% (+32 pts), closed at 22368 points, rose 3 days in a row, is testing MA20 (22340 pts).

Among the 150 largest-cap stocks, 94 (63%) closed higher. 61% of all NSE stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.1% to +3%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.3%; Communication was up +3%, the best performer, reflecting a more aggressive market sentiment; Energy was down -1.1%, the worst performer.

● Vodafone Idea (IDEA) jumped +11.6% (+$1.5), closed at $14.4, the best % gain in nearly 4 months, also a 31-day high, crossed above MA20 and MA50 ($13.25, $14.07). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=IDEA.N

● Sun Pharmaceutical Industries (SUNPHARMA) largely retreated -3.6% (-$55.45), closed at $1484.65, a 50-day low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=SUNPHARMA.N

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

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