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NSE Market Update 2024-06-21

360MiQ 0

NIFTY 50 slightly fell -0.3% (-65.9 pts), closed at 23501 points, rose +0.1% (+35 pts) for the week, rose 3 weeks in a row.

Among the 150 largest-cap stocks, 58 (39%) closed higher. 43% of all NSE stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -3.6% to +1.4%. 7 sectors outperformed the market. The market was down -0.7%; Communication was up +1.4%, the best performer; Energy was down -3.6%, the worst performer.

● Rail Vikas Nigam (RVNL) jumped +5.8% (+$22.45), closed at $409.75, hit a record high, rose +5% (+$19.55) for the week, rose 2 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=RVNL.N

● Suzlon Energy (SUZLON) spiked +5% (+$2.52), closed at $53.05, the best % gain in more than 11 months, also hit a record high, rose +7.2% (+$3.57) for the week.
360miq.com/stockinfo?code=SUZLON.N

● Torrent Power (TORNTPOWER) plummeted -5.8% (-$92.65), closed at $1503.45, fell -6% (-$95.65) for the week, crossed below MA20 ($1505.08). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=TORNTPOWER.N

● Tube Investments of India (TIINDIA) plummeted -5.5% (-$230.15), closed at $3983.25, fell 3 days in a row, the worst % loss in nearly 7 months, fell -7.5% (-$323.75) for the week after a 2-week winning streak.
360miq.com/stockinfo?code=TIINDIA.N

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

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