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NSE Market Update 2024-05-24

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NIFTY 50 slightly retreated -0.05% (-10.9 pts) after a 6-day winning streak, closed at 22957 points, rose +2% (+455 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 50 (33%) closed higher. 37% of all NSE stocks ended higher.

In terms of sectors, 2 sectors closed up, 7 sectors closed down, 3 sectors remained unchanged, ranging from -0.8% to +1.2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.3%; Communication was up +1.2%, the best performer; Technology, Real Estate, Consumer Defensive were down -0.8%, the worst performers.

● Suzlon Energy (SUZLON) largely retreated -4.9% (-$2.35) after a 3-day winning streak, closed at $45.95, the worst % loss in more than 2 months, rose +8.1% (+$3.45) for the week, rose 2 weeks in a row. The worst performer today but with average volume.
360miq.com/stockinfo?code=SUZLON.N

● Vodafone Idea (IDEA) surged +7.5% (+$1.05), closed at $15.1, the best % gain in 1 month, also a 57-day high, rose +13.5% (+$1.8) for the week, rose 2 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=IDEA.N

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

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