NIFTY 50 slightly rose +0.1% (+26 pts), closed at 24613 points, rose 3 days in a row, hit a record high.
Among the 150 largest-cap stocks, 74 (49%) closed higher. 50% of all NSE stocks ended higher.
In terms of sectors, 4 sectors closed up, 4 sectors closed down, 4 sectors remained unchanged, ranging from -0.5% to +1.3%. 4 sectors outperformed the market. The market remained unchanged; Communication was up +1.3%, the best performer; Industrials was down -0.5%, the worst performer.
● JIO Financial Services (JIOFIN) largely retreated -3.1% (-$11.15) after a 3-day winning streak, closed at $344.25, the worst % loss in more than 1 month, also a 28-day low, crossed below MA20 and MA50 ($353.41, $353.62). The largest increase in volume.
360miq.com/stockinfo?code=JIOFIN.N
● Life Insurance Corporation Of India (LICI) jumped +4.3% (+$45.25), closed at $1105.55, the best % gain in 1 month, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=LICI.N
● Indian Renewable Energy Development Agency (IREDA) largely retreated -6% (-$17.45) after a 4-day winning streak, closed at $272.2, the worst % loss in more than 1 month. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=IREDA.N
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