NIFTY 50 fell -1.5% (-346 pts), closed at 21958 points, fell 5 days in a row, the worst % loss in more than 3 months, also a 30-day low, crossed below MA50 (22297 pts).
Among the 150 largest-cap stocks, 17 (11%) closed higher. Only 12% of all NSE stocks ended higher, the least in nearly 2 months.
In terms of sectors, all sectors were down with losses from -0.5% to -2.8%. 3 sectors outperformed the market. The market was down -1.8%; Consumer Cyclical was down -0.5%, but already the best performer; Energy was down -2.8%, the worst performer.
● Muthoot Finance (MUTHOOTFIN) largely fell -3.7% (-$60.9), closed at $1598.4, the worst % loss in nearly 3 months, also a 23-day low. The largest increase in volume.
360miq.com/stockinfo?code=MUTHOOTFIN.N
● Adani Power (ADANIPOWER) spiked +5.5% (+$32.15), closed at $612.8, the best % gain in 5 months, crossed above MA20 ($598.95). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=ADANIPOWER.N
● Larsen & Toubro (LT) largely retreated -6.1% (-$211.4), closed at $3275.45, the worst % loss in more than 49 months, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=LT.N
360miq.com/market?data=NSE#tab-3
