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NSE Market Update 2024-03-28

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NIFTY 50 rose 0.9% (+203 pts), closed at 22327 points, crossed above MA20 (22156 pts).

Among the 150 largest-cap stocks, 119 (79%) closed higher. 51% of all NSE stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.3% to 1.3%. 4 sectors outperformed the market. The market was up 0.8%; Financial was up 1.3%, the best performer; Technology was down -0.3%, but already the worst performer.

● Torrent Power (TORNTPOWER) largely retreated -4.4% (-$62.1) after a 4-day winning streak, closed at $1357.95. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=TORNTPOWER.N

● IDFC First Bank (IDFCFIRSTB) largely fell -3.1% (-$2.4), closed at $75.4, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=IDFCFIRSTB.N

● Indian Overseas Bank (IOB) largely rebounded 5.4% (+$3.05), closed at $59.95. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=IOB.N

● UCO Bank (UCOBANK) largely rebounded 5.3% (+$2.65), closed at $52.2.
360miq.com/stockinfo?code=UCOBANK.N

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