NIFTY 50 rebounded 0.7% (+149 pts), closed at 22147 points, is testing MA20 (22195 pts).
Among the 150 largest-cap stocks, 125 (83%) closed higher. 81% of all NSE stocks ended higher, the most in more than 4 months, good for the market.
In terms of sectors, all sectors were up with gains from 1.2% to 4.3%. 5 sectors outperformed the market. The market was up 2%; Utilities was up 4.3%, the best performer, reflecting a more conservative market sentiment; Real Estate was up 1.2%, but already the worst performer.
● Indian Railway Finance (IRFC) largely rebounded 12.9% (+$16) after a 3-day losing streak, closed at $140.25. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=IRFC.N
● Central Bank of India (CENTRALBK) largely rebounded 12% (+$6.5) after a 5-day losing streak, closed at $60.6, the best % gain in nearly 15 months, crossed above MA50 ($60.09).
360miq.com/stockinfo?code=CENTRALBK.N
● Yes Bank (YESBANK) largely rebounded 11.9% (+$2.5) after a 3-day losing streak, closed at $23.45, the best % gain in 1 month.
360miq.com/stockinfo?code=YESBANK.N
● Adani Energy Solutions (ADANIENSOL) largely rebounded 11.2% (+$106.6) after a 3-day losing streak, closed at $1054.55, the best % gain in more than 2 months. The largest increase in volume.
360miq.com/stockinfo?code=ADANIENSOL.N
● Axis Bank (AXISBANK) fell -2.1% (-$22.15), closed at $1058.25, fell 5 days in a row, a 22-day low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=AXISBANK.N
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