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NSE Market Update 2024-01-05

360MiQ 0

NIFTY 50 slightly rose 0.2% (+51.8 pts), closed at 21711 points, fell -0.09% (-20 pts) for the week.

Among the 150 largest-cap stocks, 74 (49%) closed higher. 51% of all NSE stocks ended higher.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -7.4% to 1.3%. 8 sectors outperformed the market. The market was down -0.4%; Technology was up 1.3%, the best performer; Consumer Defensive plunged -7.4%, the worst performer.

● Tube Investments of India (TIINDIA) surged 5.4% (+$191.4), closed at $3751.05, rose 5.9% (+$209.4) for the week after a 2-week losing streak, crossed above MA20 ($3641.63). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=TIINDIA.N

● Suzlon Energy (SUZLON) spiked 4.9% (+$1.9), closed at $40.6, the best % gain in more than 1 month, also a 24-day high, rose 6.3% (+$2.4) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=SUZLON.N

● SHREE CEMENT (SHREECEM) plummeted -4.7% (-$1334.6), closed at $27023.3, the worst % loss in more than 6 months, also a 24-day low, fell -5.7% (-$1630) for the week, crossed below MA50 ($27132.35). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=SHREECEM.N

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

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