NIFTY 50 rose +0.8% (+186 pts), closed at 24502 points, the best % gain in 1 month, also hit a record high, rose +0.7% (+178 pts) for the week, rose 6 weeks in a row.
Among the 150 largest-cap stocks, 66 (44%) closed higher. Despite NIFTY 50 rising 0.8%, only 39% of all NSE stocks follow suit.
In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -1.6% to +4.3%. only 2 sectors outperformed the market. The market was up +0.2%; Technology was up +4.3%, the best performer, reflecting a more aggressive market sentiment; Real Estate was down -1.6%, the worst performer.
● Oil India (OIL) jumped +11.5% (+$63.45), closed at $614.45, rose 5 days in a row, the best % gain in nearly 5 months, also hit a record high, rose +25.5% (+$124.95) for the week, rose 5 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=OIL.N
● Macrotech Developers (LODHA) sank -5.2% (-$76.5), closed at $1395.8, fell 3 days in a row, the worst % loss in 1 month, also a 24-day low, fell -9% (-$138.1) for the week. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=LODHA.N
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