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NSE Market Update 2024-05-27

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NIFTY 50 slightly fell -0.1% (-24.6 pts), closed at 22932 points.

Among the 150 largest-cap stocks, 70 (47%) closed higher. 36% of all NSE stocks ended higher.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, ranging from -0.8% to +0.8%. 6 sectors outperformed the market. The market remained unchanged; Financial was up +0.8%, the best performer; Energy was down -0.8%, the worst performer.

● Hindustan Zinc (HINDZINC) plunged -4.8% (-$35.75), closed at $706.9, the worst % loss in more than 1 month. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=HINDZINC.N

● Torrent Pharmaceuticals (TORNTPHARM) rebounded +1.6% (+$42.7), closed at $2655.25, crossed above MA20 and MA50 ($2653.95, $2619.47). The largest increase in volume.
360miq.com/stockinfo?code=TORNTPHARM.N

● Indian Overseas Bank (IOB) largely rebounded +10.9% (+$7.3), closed at $74.5, the best % gain in more than 3 months, also a 72-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=IOB.N

● Ashok Leyland (ASHOKLEY) surged +7.6% (+$16), closed at $226.7, the best % gain in more than 39 months, also hit a record high.
360miq.com/stockinfo?code=ASHOKLEY.N

● UCO Bank (UCOBANK) spiked +7.1% (+$4.05), closed at $61, the best % gain in more than 2 months, also a 66-day high.
360miq.com/stockinfo?code=UCOBANK.N

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