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NSE Market Update 2023-12-21

360MiQ 0

NIFTY 50 rebounded 0.5% (+105 pts), closed at 21255 points.

Among the 150 largest-cap stocks, 120 (80%) closed higher. 79% of all NSE stocks ended higher, the most in nearly 2 months, good for the market.

In terms of sectors, all sectors were up with gains from 0.4% to 2.6%. 7 sectors outperformed the market. The market was up 1%; Utilities was up 2.6%, the best performer, reflecting a decreasing risk appetite; Consumer Defensive was up 0.4%, but already the worst performer.

● Indian Railway Finance (IRFC) largely rebounded 6.9% (+$6.4), closed at $98.85. The best performer but with average volume.
360miq.com/stockinfo?code=IRFC.N

● Indian Bank (INDIANB) largely fell -3.9% (-$16.9), closed at $412.85, crossed below MA20 and MA50 ($423.76, $423.3). The largest increase in volume.
360miq.com/stockinfo?code=INDIANB.N

● Supreme Industries (SUPREMEIND) largely retreated -3.9% (-$182.95), closed at $4454.95, the worst % loss in more than 1 month. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=SUPREMEIND.N

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

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