NIFTY 50 slightly rose +0.2% (+64.2 pts), closed at 26004 points, rose 5 days in a row, hit a record high.
Among the 150 largest-cap stocks, 61 (41%) closed higher. For 2 days in a row, NIFTY 50 rose but more than half of NSE stocks ended lower. Today, 37% of all NSE stocks rose with the index. The market is relatively tiring.
In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -0.8% to +0.7%. 6 sectors outperformed the market. The market was down -0.2%; Utilities was up +0.7%, the best performer, reflecting a more risk-averse market; Consumer Defensive was down -0.8%, the worst performer.
● Dabur India (DABUR) plunged -4.4% (-$28.85), closed at $627, fell 3 days in a row, the worst % loss in more than 5 months, also a 25-day low, crossed below MA20 and MA50 ($653.23, $640.96). The largest increase in volume.
360miq.com/stockinfo?code=DABUR.N
● Power Grid Corporation of India (POWERGRID) largely rose +3.9% (+$13.7), closed at $363.75, rose 5 days in a row, the best % gain in more than 3 months, also hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=POWERGRID.N
● Godrej Properties (GODREJPROP) largely rose +3.9% (+$124.85), closed at $3327.45, rose 7 days in a row, a 48-day high.
360miq.com/stockinfo?code=GODREJPROP.N
● PB Fintech (POLICYBZR) plunged -6.3% (-$116.7), closed at $1722.05, fell 3 days in a row, the worst % loss in more than 27 months, crossed below MA20 ($1788.48). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=POLICYBZR.N
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