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NSE Market Update 2024-02-05

360MiQ 0

NIFTY 50 fell -0.4% (-82.3 pts), closed at 21772 points.

Among the 150 largest-cap stocks, 68 (45%) closed higher. 39% of all NSE stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -2.1% to 1.2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.1%; Healthcare was up 1.2%, the best performer; Communication was down -2.1%, the worst performer.

● JIO Financial Services (JIOFIN) spiked 13.9% (+$35.3), closed at $289.1, rose 4 days in a row, hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=JIOFIN.N

● UCO Bank (UCOBANK) jumped 14.2% (+$7.2), closed at $57.75, rose 6 days in a row, the best % gain in more than 4 months, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=UCOBANK.N

● Indian Overseas Bank (IOB) surged 11.6% (+$6.5), closed at $62.65, rose 4 days in a row, the best % gain in more than 4 months, also hit a YTD high.
360miq.com/stockinfo?code=IOB.N

● General Insurance Corporation of India (GICRE) spiked 8.3% (+$31.45), closed at $408.65, hit a record high.
360miq.com/stockinfo?code=GICRE.N

● Bank of India (BANKINDIA) largely retreated -8.5% (-$12.95) after a 5-day winning streak, closed at $138.6, the worst % loss in more than 3 months. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=BANKINDIA.N

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

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