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NSE Market Update 2024-03-20

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NIFTY 50 slightly rebounded 0.1% (+22.1 pts), closed at 21839 points.

Among the 150 largest-cap stocks, 81 (54%) closed higher. 41% of all NSE stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.6% to 1.2%. 8 sectors outperformed the market, the market internal was more positive. The market was up 0.1%; Energy was up 1.2%, the best performer; Basic Materials was down -0.6%, the worst performer.

● Indus Towers (INDUSTOWER) largely rebounded 5.2% (+$12.45), closed at $250.7, crossed above MA20 ($248.98). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=INDUSTOWER.N

● CG Power and Industrial Solutions (CGPOWER) jumped 4.9% (+$23.25), closed at $502.25, rose 6 days in a row, the best % gain in nearly 4 months, also hit a record high.
360miq.com/stockinfo?code=CGPOWER.N

● Eicher Motors (EICHERMOT) largely rose 4.2% (+$156.75), closed at $3873.6, the best % gain in more than 3 months, crossed above MA20 and MA50 ($3822.73, $3816.23). The largest increase in volume.
360miq.com/stockinfo?code=EICHERMOT.N

● JIO Financial Services (JIOFIN) plummeted -4.5% (-$15.8) after a 4-day winning streak, closed at $337.5. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=JIOFIN.N

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