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NSE Market Update 2024-09-09

360MiQ 0

NIFTY 50 slightly rebounded +0.3% (+84.4 pts) after a 3-day losing streak, closed at 24936 points.

Among the 150 largest-cap stocks, 76 (51%) closed higher. 35% of all NSE stocks ended higher.

In terms of sectors, 2 sectors closed up, 6 sectors closed down, 4 sectors remained unchanged, ranging from -0.6% to +1.5%. only 2 sectors outperformed the market. The market remained unchanged; Consumer Defensive was up +1.5%, the best performer, reflecting a more risk-averse market; Utilities, Energy were down -0.6%, the worst performers.

● Dabur India (DABUR) largely rose +2.8% (+$17.95), closed at $662.35, the best % gain in 3 months, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=DABUR.N

● General Insurance Corporation of India (GICRE) largely rebounded +5% (+$19.2) after a 4-day losing streak, closed at $402.65, the best % gain in more than 1 month, crossed above MA50 ($399.7). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=GICRE.N

● Power Finance (PFC) largely fell -4% (-$21.7), closed at $523.6, the worst % loss in 1 month, crossed below MA20 and MA50 ($524.28, $525.13). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=PFC.N

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

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