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NSE Market Update 2023-12-29

360MiQ 0

NIFTY 50 slightly fell -0.2% (-47.6 pts) after a 5-day winning streak, closed at 21731 points, rose 1.8% (+382 pts) for the week, rose 7.9% (+1598 pts) for the month.

Among the 150 largest-cap stocks, 92 (61%) closed higher. 53% of all NSE stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.9% to 1.5%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.3%; Communication was up 1.5%, the best performer; Energy was down -0.9%, the worst performer.

● Hindustan Petroleum (HINDPETRO) largely retreated -4.5% (-$18.75), closed at $398.9, the worst % loss in more than 3 months, rose 8% (+$29.6) for the week, rose 14.8% (+$51.5) for the month. The worst performer today but with average volume.
360miq.com/stockinfo?code=HINDPETRO.N

● Vodafone Idea (IDEA) largely rebounded 20.8% (+$2.75), closed at $16, the best % gain in more than 27 months, also hit a YTD high, rose 17.6% (+$2.4) for the week, rose 22.6% (+$2.95) for the month, crossed above MA20 ($13.52). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=IDEA.N

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

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