NIFTY 50 rose +1.3% (+315 pts), closed at 24222 points, crossed above MA20 (24022 pts).
Among the 150 largest-cap stocks, 115 (77%) closed higher. 72% of all NSE stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to +3%. 4 sectors outperformed the market. The market was up +1.5%; Industrials was up +3%, the best performer; Utilities remained unchanged, but already the worst performer.
● Alkem Laboratories (ALKEM) fell -1.9% (-$105.05), closed at $5478.3, a 75-day low. The largest increase in volume.
360miq.com/stockinfo?code=ALKEM.N
● Siemens (SIEMENS) soared +7.3% (+$499.1), closed at $7348.5, the best % gain in more than 35 months, also a 22-day high, crossed above MA20 and MA50 ($6895.66, $7100.37). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SIEMENS.N
● Torrent Power (TORNTPOWER) largely rebounded +6.4% (+$97) after a 3-day losing streak, closed at $1614.4, the best % gain in more than 1 month, crossed above MA200 ($1559.54).
360miq.com/stockinfo?code=TORNTPOWER.N
● Indian Bank (INDIANB) spiked +6.3% (+$33.25), closed at $564.85, rose 3 days in a row, crossed above MA20, MA50 and MA200 ($557.07, $534.72, $534.71).
360miq.com/stockinfo?code=INDIANB.N
● Cummins India (CUMMINSIND) soared +6.5% (+$216.45), closed at $3535.85, the best % gain in more than 9 months, crossed above MA20 and MA200 ($3454.33, $3469.34).
360miq.com/stockinfo?code=CUMMINSIND.N
● Adani Green Energy (ADANIGREEN) tumbled -7.9% (-$83), closed at $968.8, fell 5 days in a row, hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=ADANIGREEN.N
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