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NSE Market Update 2024-04-25

360MiQ 0

NIFTY 50 rose +0.8% (+168 pts), closed at 22570 points, rose 5 days in a row.

Among the 150 largest-cap stocks, 113 (75%) closed higher. 54% of all NSE stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to +1%. 4 sectors outperformed the market. The market was up +0.6%; Energy was up +1%, the best performer; Real Estate was down -0.2%, but already the worst performer.

● Bharat Forge (BHARATFORG) soared +7.4% (+$89.85), closed at $1311.85, rose 8 days in a row, the best % gain in more than 1.5 years, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=BHARATFORG.N

● Aditya Birla Capital (ABCAPITAL) jumped +6.2% (+$13.5), closed at $229.8, hit a YTD high.
360miq.com/stockinfo?code=ABCAPITAL.N

● Kotak Mahindra Bank (KOTAKBANK) largely retreated -10.9% (-$200.35) after a 4-day winning streak, closed at $1642.45, the worst % loss in nearly 49 months, also hit a YTD low, crossed below MA20, MA50 and MA200 ($1780.74, $1752.47, $1788.92). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=KOTAKBANK.N

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