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NSE Market Update 2024-03-12

360MiQ 0

NIFTY 50 slightly rose 0.01% (+2.7 pts), closed at 22336 points.

Among the 150 largest-cap stocks, 31 (21%) closed higher. Only 12% of all NSE stocks ended higher, the least for more than 2 months.

In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -4% to 0.4%. 6 sectors outperformed the market. The market was down -1%; Technology was up 0.4%, but already the best performer; Real Estate was down -4%, the worst performer.

● UCO Bank (UCOBANK) plunged -6.1% (-$3.35), closed at $51.65, fell 4 days in a row, a 26-day low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=UCOBANK.N

● Linde India (LINDEINDIA) soared 7% (+$413.45), closed at $6320.25, the best % gain in more than 1 month, also hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=LINDEINDIA.N

● Indian Bank (INDIANB) plunged -5.7% (-$31.15) after a 4-day winning streak, closed at $516.85, crossed below MA20 ($530.75).
360miq.com/stockinfo?code=INDIANB.N

● Macrotech Developers (LODHA) sank -5.1% (-$59.85), closed at $1121.05, crossed below MA20 ($1140.34).
360miq.com/stockinfo?code=LODHA.N

● DLF (DLF) tumbled -5.1% (-$46.85), closed at $864.4, fell 4 days in a row, the worst % loss in more than 14 months, crossed below MA20 ($894.21).
360miq.com/stockinfo?code=DLF.N

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

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