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NSE Market Update 2024-06-06

360MiQ 0

NIFTY 50 rose +0.9% (+201 pts), closed at 22821 points.

Among the 150 largest-cap stocks, 122 (81%) closed higher, 105 of them rose with a lower volume. 87% of all NSE stocks ended higher, the most in 2 months, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.4% to +4.6%. 6 sectors outperformed the market. The market was up +2.1%; Real Estate was up +4.6%, the best performer; Consumer Defensive was down -0.4%, but already the worst performer.

● Avenue Supermarts (DMART) largely retreated -3.6% (-$175.2) after a 3-day winning streak, closed at $4687.05, the worst % loss in 5 months. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=DMART.N

● Adani Energy Solutions (ADANIENSOL) largely rebounded +5.2% (+$49.35), closed at $1001.05, crossed above MA200 ($970.87). The largest increase in volume.
360miq.com/stockinfo?code=ADANIENSOL.N

● Mazagon Dock Shipbuilders (MAZDOCK) spiked +13% (+$362.45), closed at $3160.65, the best % gain in 1 year, crossed above MA20 ($2856.17). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MAZDOCK.N

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

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