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NSE Market Update 2024-07-29

360MiQ 0

NIFTY 50 remained unchanged, closed at 24836 points, hit a record high.

Among the 150 largest-cap stocks, 95 (63%) closed higher. 59% of all NSE stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.9% to +1.8%. 4 sectors outperformed the market. The market was up +0.6%; Industrials was up +1.8%, the best performer; Communication was down -0.9%, the worst performer.

● Macrotech Developers (LODHA) largely fell -3% (-$42), closed at $1361, a 35-day low. The worst performer but with average volume.
360miq.com/stockinfo?code=LODHA.N

● Punjab National Bank (PNB) surged +5.9% (+$7.05), closed at $127, rose 3 days in a row, the best % gain in nearly 4 months, also a 27-day high, crossed above MA50 ($123.03). The largest increase in volume.
360miq.com/stockinfo?code=PNB.N

● Mazagon Dock Shipbuilders (MAZDOCK) soared +9.9% (+$482.25), closed at $5340.4, crossed above MA20 ($5201.33). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MAZDOCK.N

● Rail Vikas Nigam (RVNL) largely rebounded +9.8% (+$53.95), closed at $606.3.
360miq.com/stockinfo?code=RVNL.N

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