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NSE Market Update 2024-03-07

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NIFTY 50 slightly rose 0.09% (+19.6 pts), closed at 22494 points, hit a record high.

Among the 150 largest-cap stocks, 87 (58%) closed higher. 60% of all NSE stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -1.3% to 0.9%. 6 sectors outperformed the market. The market was up 0.4%; Basic Materials, Communication were up 0.9%, the best performers; Energy was down -1.3%, the worst performer.

● Tata Power Company (TATAPOWER) spiked 7.7% (+$30.3), closed at $425.25, the best % gain in nearly 3 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=TATAPOWER.N

● Mahindra & Mahindra (M&M) largely retreated -3.7% (-$73.1), closed at $1897.55, the worst % loss in more than 4 months. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=M&M.N

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