NIFTY 50 fell -1% (-216 pts), closed at 22489 points, fell 5 days in a row, is testing MA20 (22475 pts).
Among the 150 largest-cap stocks, 24 (16%) closed higher. Only 22% of all NSE stocks ended higher.
In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -1.7% to 0%. 6 sectors outperformed the market. The market was down -0.9%; Communication remained unchanged, but already the best performer; Basic Materials was down -1.7%, the worst performer.
● Hindustan Zinc (HINDZINC) sank -6.4% (-$45.3), closed at $666.5, the worst % loss in more than 16 months. The worst performer but with average volume.
360miq.com/stockinfo?code=HINDZINC.N
● Adani Energy Solutions (ADANIENSOL) rose +1.3% (+$13.85) after a 3-day losing streak, closed at $1099.55. The largest increase in volume.
360miq.com/stockinfo?code=ADANIENSOL.N
● Linde India (LINDEINDIA) spiked +8.7% (+$729.4), closed at $9144.85, the best % gain in more than 7 months, crossed above MA20 ($8621.74). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=LINDEINDIA.N
● Cummins India (CUMMINSIND) plunged -6.2% (-$237.85) after a 3-day winning streak, closed at $3596.8, the worst % loss in nearly 32 months, crossed below MA20 ($3631.41).
360miq.com/stockinfo?code=CUMMINSIND.N
● Alkem Laboratories (ALKEM) plunged -6% (-$315.65), closed at $4946.8, fell 5 days in a row, the worst % loss in 3 months, crossed below MA20 and MA50 ($5238.58, $5002.43).
360miq.com/stockinfo?code=ALKEM.N
● Tata Steel (TATASTEEL) tumbled -5.8% (-$10.1), closed at $164.15, fell 3 days in a row, the worst % loss in 2 years, crossed below MA20 ($168.54).
360miq.com/stockinfo?code=TATASTEEL.N
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