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NSE Market Update 2024-02-20

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NIFTY 50 slightly rose 0.3% (+74.9 pts), closed at 22197 points, rose 6 days in a row, hit a record high.

Among the 150 largest-cap stocks, 67 (45%) closed higher. 45% of all NSE stocks ended higher.

In terms of sectors, 5 sectors closed up, 3 sectors closed down, 4 sectors remained unchanged, ranging from -0.9% to 1.1%. 5 sectors outperformed the market. The market remained unchanged; Real Estate was up 1.1%, the best performer; Technology was down -0.9%, the worst performer.

● General Insurance Corporation of India (GICRE) largely fell -4% (-$16.9), closed at $407.55. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=GICRE.N

● JIO Financial Services (JIOFIN) largely rose 2.8% (+$7.7), closed at $281.7. The largest increase in volume.
360miq.com/stockinfo?code=JIOFIN.N

● Power Grid Corporation of India (POWERGRID) largely rose 4.2% (+$11.55), closed at $287.9, hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=POWERGRID.N

● Hero MotoCorp (HEROMOTOCO) largely fell -3.9% (-$189.25), closed at $4663.35, crossed below MA20 ($4697.06).
360miq.com/stockinfo?code=HEROMOTOCO.N

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