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NSE Market Update 2024-04-01

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NIFTY 50 rose 0.6% (+135 pts), closed at 22462 points, rose 3 days in a row.

Among the 150 largest-cap stocks, 114 (76%) closed higher. 89% of all NSE stocks ended higher, the most in 2 years, good for the market.

In terms of sectors, all sectors were up with gains from 0.4% to 4.5%. 5 sectors outperformed the market. The market was up 1.7%; Real Estate was up 4.5%, the best performer; Consumer Defensive was up 0.4%, but already the worst performer.

● CG Power and Industrial Solutions (CGPOWER) tumbled -4.9% (-$26.65), closed at $514.25, the worst % loss in 4 months. The worst performer but with average volume.
360miq.com/stockinfo?code=CGPOWER.N

● Indian Railway Catering And Tourism (IRCTC) jumped 4.4% (+$40.45), closed at $970.15, the best % gain in more than 2 months, also a 40-day high, crossed above MA50 ($941.03). The largest increase in volume.
360miq.com/stockinfo?code=IRCTC.N

● Adani Energy Solutions (ADANIENSOL) soared 8.3% (+$85.3), closed at $1112, a 21-day high, crossed above MA20 and MA50 ($1041.07, $1056.84). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=ADANIENSOL.N

● Indus Towers (INDUSTOWER) surged 8.3% (+$24.05), closed at $315.2, hit a YTD high.
360miq.com/stockinfo?code=INDUSTOWER.N

● Indian Overseas Bank (IOB) spiked 8% (+$4.8), closed at $64.75, crossed above MA20 and MA50 ($61.42, $60.88).
360miq.com/stockinfo?code=IOB.N

360miq.com/market?data=NSE#tab-3

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