NIFTY 50 rose 0.9% (+202 pts), closed at 22097 points, rose 5 days in a row, hit a record high.
Among the 150 largest-cap stocks, 95 (63%) closed higher. 50% of all NSE stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to 1.6%. 4 sectors outperformed the market. The market was up 0.8%; Communication, Energy, Technology were up 1.6%, the best performers, reflecting an increasing risk appetite; Consumer Cyclical remained unchanged, but already the worst performer.
● Indian Railway Finance (IRFC) jumped 14.7% (+$16.7), closed at $130.1, rose 5 days in a row, the best % gain in more than 4 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=IRFC.N
● Zomato (ZOMATO) plummeted -4.4% (-$6.15) after a 4-day winning streak, closed at $133.4, the worst % loss in 7 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=ZOMATO.N
● HDFC Life Insurance Company (HDFCLIFE) largely fell -3.6% (-$23.15), closed at $614.45, fell 3 days in a row, the worst % loss in more than 11 months, also a 52-day low, crossed below MA200 ($618.23).
360miq.com/stockinfo?code=HDFCLIFE.N
360miq.com/market?data=NSE#tab-3
