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NSE Market Update 2023-12-08

360MiQ 0

NIFTY 50 slightly rose 0.3% (+68.4 pts), closed at 20969 points, hit a record high, rose 3.5% (+701 pts) for the week, rose 6 weeks in a row.

Among the 150 largest-cap stocks, 51 (34%) closed higher. 39% of all NSE stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -2.1% to 0.9%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.3%; Technology was up 0.9%, the best performer; Utilities was down -2.1%, the worst performer.

● Adani Energy Solutions (ADANIENSOL) largely retreated -5.6% (-$67.2) after a 4-day winning streak, closed at $1131.5, the worst % loss in more than 3 months, rose 32.4% (+$276.8) for the week, rose 2 weeks in a row. The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=ADANIENSOL.N

● JSW Steel (JSWSTEEL) rose 2.5% (+$20.2), closed at $839.35, the best % gain in 3 months, also hit a record high, rose 3.5% (+$28.55) for the week, rose 6 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=JSWSTEEL.N

● Tube Investments of India (TIINDIA) jumped 4.7% (+$161.6), closed at $3574.2, rose 3 days in a row, rose 8.6% (+$282.5) for the week. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=TIINDIA.N

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