NIFTY 50 rose +0.5% (+112 pts), closed at 24433 points, hit a record high.
Among the 150 largest-cap stocks, 81 (54%) closed higher. Despite NIFTY 50 rising 0.5%, only 49% of all NSE stocks follow suit.
In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.3% to +1.3%. 5 sectors outperformed the market. The market was up +0.3%; Consumer Cyclical was up +1.3%, the best performer; Energy was down -0.3%, but already the worst performer.
● Indian Overseas Bank (IOB) largely rebounded +4% (+$2.51) after a 3-day losing streak, closed at $64.54, the best % gain in 1 month. The largest increase in volume.
360miq.com/stockinfo?code=IOB.N
● Rail Vikas Nigam (RVNL) largely retreated -4.1% (-$23.15) after a 4-day winning streak, closed at $542.75, the worst % loss in 1 month. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=RVNL.N
● Fertilizers and Chemicals Travancore (FACT) slightly retreated -0.5% (-$5.75), closed at $1105.35.
360miq.com/stockinfo?code=FACT.N
● The Phoenix Mills (PHOENIXLTD) jumped +7.1% (+$267.05), closed at $4025.65, rose 6 days in a row, the best % gain in 1 month, also hit a record high.
360miq.com/stockinfo?code=PHOENIXLTD.N
● Schaeffler India (SCHAEFFLER) largely fell -4% (-$179.8), closed at $4298.4, fell 3 days in a row, the worst % loss in 1 month, crossed below MA50 ($4328.96). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=SCHAEFFLER.N
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