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NSE Market Update 2024-02-23

360MiQ 0

NIFTY 50 slightly fell -0.02% (-4.3 pts), closed at 22213 points, rose 0.8% (+172 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 76 (51%) closed higher. 51% of all NSE stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 2 sectors closed down, 2 sectors remained unchanged, ranging from -0.2% to 1.1%. 4 sectors outperformed the market. The market was up 0.2%; Industrials was up 1.1%, the best performer; Technology was down -0.2%, but already the worst performer.

● Yes Bank (YESBANK) largely retreated -3.5% (-$0.95), closed at $26.2, fell -7.7% (-$2.2) for the week, fell 2 weeks in a row, crossed below MA20 ($26.71). The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=YESBANK.N

● Astral (ASTRAL) soared 5.6% (+$110.75), closed at $2075.9, the best % gain in more than 9 months, also hit a record high, rose 5.4% (+$107.1) for the week, rose 2 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=ASTRAL.N

● JIO Financial Services (JIOFIN) jumped 10.3% (+$31.1), closed at $333.95, rose 5 days in a row, hit a record high, rose 22.8% (+$62.05) for the week. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=JIOFIN.N

● Vodafone Idea (IDEA) jumped 7.7% (+$1.25), closed at $17.55, the best % gain in nearly 2 months, also hit a YTD high, rose 10.4% (+$1.65) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=IDEA.N

● Indus Towers (INDUSTOWER) spiked 7.1% (+$16), closed at $241.15, the best % gain in more than 1 year, also hit a YTD high, rose 9.3% (+$20.6) for the week.
360miq.com/stockinfo?code=INDUSTOWER.N

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