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NSE Market Update 2024-02-26

360MiQ 0

NIFTY 50 fell -0.4% (-90.9 pts), closed at 22122 points.

Among the 150 largest-cap stocks, 52 (35%) closed higher. 37% of all NSE stocks ended higher.

In terms of sectors, 3 sectors closed up, 8 sectors closed down, 1 sector remained unchanged, the market internal was more negative, ranging from -0.9% to 1.2%. 6 sectors outperformed the market. The market was down -0.3%; Utilities was up 1.2%, the best performer, reflecting a decreasing risk appetite; Technology, Communication, Basic Materials were down -0.9%, the worst performers.

● Adani Total Gas (ATGL) soared 4.5% (+$46.15), closed at $1075.55, the best % gain in 1 month, also a 33-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=ATGL.N

● Bharat Forge (BHARATFORG) largely rose 3.8% (+$43.5), closed at $1175.6, rose 4 days in a row, the best % gain in more than 3 months.
360miq.com/stockinfo?code=BHARATFORG.N

● Alkem Laboratories (ALKEM) plunged -6.6% (-$359.3), closed at $5061.85, the worst % loss in more than 6 months, crossed below MA20 and MA50 ($5183.25, $5077.9). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ALKEM.N

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

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