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NSE Market Update 2024-10-23

360MiQ 0

NIFTY 50 slightly fell -0.1% (-36.5 pts), closed at 24436 points, fell 3 days in a row, a 47-day low.

Among the 150 largest-cap stocks, 71 (47%) closed higher. 56% of all NSE stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -0.9% to +1.6%. 4 sectors outperformed the market. The market was up +0.1%; Technology was up +1.6%, the best performer; Industrials was down -0.9%, the worst performer.

● Persistent Systems (PERSISTENT) largely rebounded +10.9% (+$560.55) after a 5-day losing streak, closed at $5718.75, the best % gain in 49 months, also hit a record high, crossed above MA20 and MA50 ($5402.9, $5240.91). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=PERSISTENT.N

● ABB India (ABB) tumbled -5.8% (-$473.75), closed at $7703.8, fell 3 days in a row, the worst % loss in more than 4 months, also a 21-day low, crossed below MA50 ($7979.61). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=ABB.N

● Siemens (SIEMENS) plunged -5.1% (-$366.65), closed at $6872.05, fell 3 days in a row, the worst % loss in more than 4 months, also a 21-day low, crossed below MA50 ($7102.6).
360miq.com/stockinfo?code=SIEMENS.N

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

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