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NSE Market Update 2024-07-30

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NIFTY 50 slightly rose +0.09% (+21.3 pts), closed at 24857 points, rose 3 days in a row, hit a record high.

Among the 150 largest-cap stocks, 74 (49%) closed higher. 58% of all NSE stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 4 sectors closed down, ranging from -1% to +1.7%. 4 sectors outperformed the market. The market was up +0.2%; Utilities was up +1.7%, the best performer, reflecting a decreasing risk appetite; Consumer Defensive was down -1%, the worst performer.

● Adani Energy Solutions (ADANIENSOL) spiked +6.9% (+$72.95), closed at $1124.9, the best % gain in nearly 2 months, also a 38-day high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ADANIENSOL.N

● Varun Beverages (VBL) plunged -6.4% (-$107.9) after a 4-day winning streak, closed at $1577.4, the worst % loss in 19 months, crossed below MA20 ($1605.02). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=VBL.N

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

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