NIFTY 50 soared +3.3% (+733 pts), closed at 23264 points, the best % gain in nearly 40 months, also hit a record high.
Among the 150 largest-cap stocks, 134 (89%) closed higher. 66% of all NSE stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to +8.2%. 5 sectors outperformed the market. The market was up +3.4%; Utilities spiked +8.2%, the best performer, reflecting a more conservative market sentiment; Healthcare remained unchanged, but already the worst performer.
● Zomato (ZOMATO) fell -2.1% (-$3.7), closed at $175.45, fell 3 days in a row, a 45-day low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=ZOMATO.N
● Central Bank of India (CENTRALBK) soared +11.8% (+$7.65), closed at $72.3, the best % gain in more than 2 months, also a 77-day high. The largest increase in volume.
360miq.com/stockinfo?code=CENTRALBK.N
● Adani Power (ADANIPOWER) jumped +15.7% (+$118.7), closed at $874.5, rose 4 days in a row, the best % gain in nearly 6 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=ADANIPOWER.N
● GAIL (India) (GAIL) surged +13% (+$26.5), closed at $230.8, the best % gain in more than 26 months, also hit a record high.
360miq.com/stockinfo?code=GAIL.N
● REC (RECLTD) largely rebounded +12.4% (+$66.75) after a 3-day losing streak, closed at $604.5, the best % gain in more than 25 months, also hit a record high, crossed above MA20 ($542.88).
360miq.com/stockinfo?code=RECLTD.N
● Bank of Baroda (BANKBARODA) spiked +12.1% (+$32.05), closed at $296.95, the best % gain in more than 39 months, also hit a record high.
360miq.com/stockinfo?code=BANKBARODA.N