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NSE Market Update 2024-09-10

360MiQ 0

NIFTY 50 rose +0.4% (+105 pts), closed at 25041 points.

Among the 150 largest-cap stocks, 99 (66%) closed higher. 71% of all NSE stocks ended higher, good for the market.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.2% to +2.1%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.6%; Communication was up +2.1%, the best performer, reflecting a more aggressive market sentiment; Financial was down -0.2%, but already the worst performer.

● Divi’s Laboratories (DIVISLAB) jumped +4.9% (+$252.95), closed at $5426.45, rose 6 days in a row, the best % gain in more than 1 month, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=DIVISLAB.N

● Tata Power Company (TATAPOWER) spiked +6.6% (+$27.5), closed at $445.35, the best % gain in 6 months, also a 25-day high, crossed above MA20 and MA50 ($423.53, $429.92). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=TATAPOWER.N

● Linde India (LINDEINDIA) jumped +5.6% (+$414.1), closed at $7789.95, the best % gain in nearly 3 months, also a 22-day high.
360miq.com/stockinfo?code=LINDEINDIA.N

● HDFC Life Insurance Company (HDFCLIFE) plummeted -4.5% (-$32.9), closed at $702.9, fell 4 days in a row, the worst % loss in 19 months, crossed below MA20 ($725.57). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=HDFCLIFE.N

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