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NSE Market Update 2024-01-11

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NIFTY 50 slightly rose 0.1% (+28.2 pts), closed at 21647 points, rose 3 days in a row.

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

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.4% to 1.9%. 4 sectors outperformed the market. The market was up 0.5%; Energy was up 1.9%, the best performer; Industrials was down -0.4%, but already the worst performer.

● Solar Industries India (SOLARINDS) surged 6.9% (+$471.3), closed at $7347.05, rose 3 days in a row, the best % gain in nearly 2 months, also a 36-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SOLARINDS.N

● Shriram Finance (SHRIRAMFIN) soared 6% (+$129.75), closed at $2279.75, hit a record high.
360miq.com/stockinfo?code=SHRIRAMFIN.N

● Polycab India (POLYCAB) plummeted -21% (-$1033.4), closed at $3878.45, a 122-day low, crossed below MA200 ($4422.27). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=POLYCAB.N

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