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NSE Market Update 2024-05-13

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NIFTY 50 slightly rose +0.2% (+49.1 pts), closed at 22104 points.

Among the 150 largest-cap stocks, 87 (58%) closed higher. 41% of all NSE stocks ended higher.

In terms of sectors, 6 sectors closed up, 6 sectors closed down, ranging from -1% to +1.3%. 5 sectors outperformed the market. The market was up +0.2%; Industrials was up +1.3%, the best performer; Consumer Cyclical was down -1%, the worst performer.

● ABB India (ABB) soared +11.2% (+$805.9), closed at $7984.25, the best % gain in nearly 88 months, also hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ABB.N

● Hindustan Zinc (HINDZINC) surged +10.2% (+$53.6), closed at $579.1, hit a record high.
360miq.com/stockinfo?code=HINDZINC.N

● Siemens (SIEMENS) soared +7.3% (+$451.95), closed at $6620.1, the best % gain in 29 months, also hit a record high.
360miq.com/stockinfo?code=SIEMENS.N

● Bank of India (BANKINDIA) tanked -10.2% (-$14.15), closed at $124.6, fell 3 days in a row, the worst % loss in more than 26 months, also an 80-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=BANKINDIA.N

● Tata Motors (TATAMOTORS) largely retreated -8.3% (-$86.9) after a 3-day winning streak, closed at $959.75, the worst % loss in more than 26 months, also a 32-day low, crossed below MA20 and MA50 ($1000.03, $993.35).
360miq.com/stockinfo?code=TATAMOTORS.N

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

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