NIFTY 50 fell -0.6% (-136 pts), closed at 24205 points, fell -6.2% (-1606 pts) for the month.
Among the 150 largest-cap stocks, 51 (34%) closed higher. For 2 days in a row, NIFTY 50 fell but more than half of NSE stocks ended higher. Today, 64% of all NSE stocks rose against the index. The market is relatively strong.
In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -2.2% to +1.7%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.1%; Healthcare was up +1.7%, the best performer; Technology was down -2.2%, the worst performer.
● Cipla (CIPLA) largely rebounded +9.4% (+$133.5), closed at $1551.75, the best % gain in 15 months, fell -6.2% (-$102.35) for the month, crossed above MA200 ($1488.73). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=CIPLA.N
● Tech Mahindra (TECHM) tumbled -4.5% (-$76.3), closed at $1608.65, fell 6 days in a row, the worst % loss in 9 months, rose +2% (+$31.45) for the month, crossed below MA20 and MA50 ($1674.26, $1643.03). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=TECHM.N
● Persistent Systems (PERSISTENT) plunged -4.4% (-$245.35), closed at $5372.5, fell -1.4% (-$77.9) for the month, crossed below MA20 ($5468.63).
360miq.com/stockinfo?code=PERSISTENT.N
● HCL Technologies (HCLTECH) largely fell -4% (-$72.75), closed at $1766.05, the worst % loss in 6 months, fell -1% (-$18.36) for the month, crossed below MA20 and MA50 ($1826.63, $1784.15).
360miq.com/stockinfo?code=HCLTECH.N
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