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NSE Market Update 2024-02-08

360MiQ 0

NIFTY 50 fell -1% (-213 pts), closed at 21718 points, is testing MA20 (21692 pts).

Among the 150 largest-cap stocks, 63 (42%) closed higher. 37% of all NSE stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -1.4% to 1%. 6 sectors outperformed the market. The market was down -0.3%; Communication was up 1%, the best performer; Consumer Defensive was down -1.4%, the worst performer.

● UCO Bank (UCOBANK) largely retreated -7.5% (-$5.1) after an 8-day winning streak, closed at $63.3, the worst % loss in more than 1 month. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=UCOBANK.N

● General Insurance Corporation of India (GICRE) spiked 9.2% (+$37.15), closed at $441.1, hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=GICRE.N

● Cummins India (CUMMINSIND) spiked 7.7% (+$185.05), closed at $2585.25, the best % gain in 3 years, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=CUMMINSIND.N

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

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