NIFTY 50 rose +0.6% (+148 pts), closed at 23869 points, rose 3 days in a row, hit a record high.
Among the 150 largest-cap stocks, 64 (43%) closed higher. For 3 days in a row, NIFTY 50 rose but more than half of NSE stocks ended lower. Today, 46% of all NSE stocks rose with the index. The market is tiring.
In terms of sectors, 6 sectors closed up, 3 sectors closed down, 3 sectors remained unchanged, ranging from -1.1% to +3.1%. 3 sectors outperformed the market. The market was up +0.3%; Communication was up +3.1%, the best performer, reflecting a more aggressive market sentiment; Real Estate was down -1.1%, the worst performer.
● NMDC (NMDC) largely fell -3.4% (-$8.8), closed at $249.25, fell 4 days in a row. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=NMDC.N
● Bharti Hexacom (BHARTIHEXA) spiked +8.3% (+$96.3), closed at $1257.15, rose 3 days in a row, the best % gain in more than 2 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=BHARTIHEXA.N
● Vedanta (VEDL) largely fell -2.6% (-$11.95), closed at $442.1, fell 3 days in a row, crossed below MA20 ($449.6). The largest increase in volume.
360miq.com/stockinfo?code=VEDL.N