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NSE Market Update 2024-07-05

360MiQ 0

NIFTY 50 slightly rose +0.09% (+21.8 pts), closed at 24324 points, rose 3 days in a row, hit a record high, rose +1.3% (+313 pts) for the week, rose 5 weeks in a row.

Among the 150 largest-cap stocks, 106 (71%) closed higher. 58% of all NSE stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to +2%. 5 sectors outperformed the market. The market was up +0.5%; Energy was up +2%, the best performer; Technology was down -0.1%, but already the worst performer.

● Rail Vikas Nigam (RVNL) surged +17.3% (+$72.3), closed at $491.05, rose 3 days in a row, the best % gain in more than 5 months, also hit a record high, rose +17.9% (+$74.45) for the week, rose 4 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=RVNL.N

● Yes Bank (YESBANK) surged +11.2% (+$2.69), closed at $26.64, rose 3 days in a row, the best % gain in more than 3 months, also a 46-day high, rose +12.5% (+$2.95) for the week.
360miq.com/stockinfo?code=YESBANK.N

● HDFC Bank (HDFCBANK) plummeted -4.6% (-$79.05), closed at $1648.1, the worst % loss in 1 month, fell -2.1% (-$35.7) for the week after a 7-week winning streak, crossed below MA20 ($1654.84). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=HDFCBANK.N

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

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