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NSE Market Update 2024-07-04

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NIFTY 50 slightly rose +0.06% (+15.2 pts), closed at 24302 points, hit a record high.

Among the 150 largest-cap stocks, 86 (57%) closed higher. 53% of all NSE stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.2% to +1.2%. 3 sectors outperformed the market. The market was up +0.4%; Healthcare was up +1.2%, the best performer; Consumer Defensive was down -0.2%, but already the worst performer.

● PB Fintech (POLICYBZR) largely fell -2.9% (-$42.5), closed at $1420.25, fell 3 days in a row. The worst performer but with average volume.
360miq.com/stockinfo?code=POLICYBZR.N

● Mazagon Dock Shipbuilders (MAZDOCK) jumped +19.2% (+$900.95), closed at $5585.5, the best % gain in nearly 37 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MAZDOCK.N

● Cochin Shipyard (COCHINSHIP) soared +10% (+$243.6), closed at $2679.95, the best % gain in more than 1 month, also hit a record high.
360miq.com/stockinfo?code=COCHINSHIP.N

● Lupin (LUPIN) surged +7.9% (+$128.7), closed at $1759.3, the best % gain in nearly 38 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=LUPIN.N

● Housing & Urban Development (HUDCO) spiked +7.7% (+$23.1), closed at $325.05, hit a record high.
360miq.com/stockinfo?code=HUDCO.N

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