NIFTY 50 largely rose +1.6% (+378 pts), closed at 23739 points, the best % gain in 1 month, also a 21-day high, is testing MA50 (23798 pts).
Among the 150 largest-cap stocks, 120 (80%) closed higher. 70% of all NSE stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to +2.7%. 5 sectors outperformed the market. The market was up +1.4%; Energy was up +2.7%, the best performer; Consumer Defensive was down -0.2%, but already the worst performer.
● Asian Paints (ASIANPAINT) largely rebounded +2.7% (+$62.1), closed at $2354.35, the best % gain in nearly 7 months, also hit a YTD high, crossed above MA50 ($2328.27). The largest increase in volume.
360miq.com/stockinfo?code=ASIANPAINT.N
● Kalyan Jewellers India (KALYANKJIL) soared +12.1% (+$60.9), closed at $563.8, crossed above MA20 ($516.81). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=KALYANKJIL.N
● Trent (TRENT) tanked -6.3% (-$384.8), closed at $5750.3, the worst % loss in nearly 3 months, crossed below MA20 ($5944.56). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=TRENT.N
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