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NSE Market Update 2024-08-01

360MiQ 0

NIFTY 50 slightly rose +0.2% (+59.9 pts), closed at 25011 points, rose 5 days in a row, hit a record high.

Among the 150 largest-cap stocks, 54 (36%) closed higher. Only 32% of all NSE stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -1.8% to +2.1%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Utilities was up +2.1%, the best performer, reflecting a decreasing risk appetite; Real Estate was down -1.8%, the worst performer.

● General Insurance Corporation of India (GICRE) largely retreated -4.2% (-$18), closed at $411.95. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=GICRE.N

● Adani Energy Solutions (ADANIENSOL) surged +12.1% (+$137.15), closed at $1275.2, rose 3 days in a row, the best % gain in nearly 8 months, also hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ADANIENSOL.N

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