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NSE Market Update 2024-03-21

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NIFTY 50 rose 0.8% (+173 pts), closed at 22012 points, crossed above MA50 (21921 pts).

Among the 150 largest-cap stocks, 135 (90%) closed higher. 81% of all NSE stocks ended higher, the most in nearly 5 months, good for the market.

In terms of sectors, all sectors were up with gains from 0.1% to 3%. 5 sectors outperformed the market. The market was up 1.5%; Real Estate was up 3%, the best performer; Communication was up 0.1%, but already the worst performer.

● CG Power and Industrial Solutions (CGPOWER) spiked 7.8% (+$39.15), closed at $541.4, rose 7 days in a row, the best % gain in nearly 4 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CGPOWER.N

● Muthoot Finance (MUTHOOTFIN) jumped 7.1% (+$95.6), closed at $1434.45, the best % gain in nearly 10 months, also a 45-day high, crossed above MA20 and MA50 ($1345.43, $1370.89). The largest increase in volume.
360miq.com/stockinfo?code=MUTHOOTFIN.N

● Power Finance (PFC) surged 7% (+$25.25) after a 4-day losing streak, closed at $386.75, the best % gain in 3 months.
360miq.com/stockinfo?code=PFC.N

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