NIFTY 50 fell -1.5% (-338 pts), closed at 21998 points, the worst % loss in nearly 2 months, crossed below MA20 (22179 pts).
Among the 150 largest-cap stocks, 9 (6%) closed higher. Only 3% of all NSE stocks ended higher, the least in 2 years.
In terms of sectors, all sectors were down with losses from -1% to -7.3%. 5 sectors outperformed the market. The market was down -3.5%; Consumer Defensive was down -1%, but already the best performer, reflecting a decreasing risk appetite; Utilities tumbled -7.3%, the worst performer.
● ITC (ITC) largely rebounded 4.5% (+$18), closed at $422.45, the best % gain in more than 13 months, also a 24-day high, crossed above MA20 ($409.13). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ITC.N
● NHPC (NHPC) plummeted -9.8% (-$8.5), closed at $78.15, a 34-day low, crossed below MA50 ($84.52). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=NHPC.N
● Vodafone Idea (IDEA) plunged -9.5% (-$1.3), closed at $12.4, fell 3 days in a row, hit a YTD low.
360miq.com/stockinfo?code=IDEA.N
● JSW Energy (JSWENERGY) sank -9.5% (-$48.25), closed at $461.05, the worst % loss in 4 years, also a 44-day low, crossed below MA20 and MA50 ($501.85, $487.52).
360miq.com/stockinfo?code=JSWENERGY.N
● Adani Total Gas (ATGL) plummeted -9.5% (-$92.1), closed at $873, fell 3 days in a row, the worst % loss in nearly 3 months, also hit a YTD low.
360miq.com/stockinfo?code=ATGL.N
360miq.com/market?data=NSE#tab-3
