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NSE Market Update 2024-10-09

360MiQ 0

NIFTY 50 slightly fell -0.1% (-31 pts), closed at 24982 points, is testing MA50 (25048 pts).

Among the 150 largest-cap stocks, 102 (68%) closed higher. 67% of all NSE stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1.1% to +1.8%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.5%; Real Estate was up +1.8%, the best performer; Energy was down -1.1%, the worst performer.

● Vodafone Idea (IDEA) largely retreated -3.3% (-$0.31), closed at $9.19. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=IDEA.N

● Torrent Power (TORNTPOWER) surged +6.5% (+$118.5), closed at $1935.15, hit a record high, crossed above MA20 ($1846.41). The largest increase in volume.
360miq.com/stockinfo?code=TORNTPOWER.N

● Divi’s Laboratories (DIVISLAB) jumped +8% (+$442.7), closed at $5989.75, the best % gain in nearly 1.5 years, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=DIVISLAB.N

● ITC (ITC) largely fell -3.2% (-$16.25), closed at $491.7, the worst % loss in 5 months, also a 39-day low, crossed below MA50 ($505.17).
360miq.com/stockinfo?code=ITC.N

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

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