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NSE Market Update 2024-08-13

360MiQ 0

NIFTY 50 fell -0.9% (-208 pts), closed at 24139 points.

Among the 150 largest-cap stocks, 35 (23%) closed higher. Only 23% of all NSE stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.2% to -1.8%. 6 sectors outperformed the market. The market was down -1%; Technology was down -0.2%, but already the best performer; Financial was down -1.8%, the worst performer.

● PB Fintech (POLICYBZR) largely rebounded +3.8% (+$54.55) after a 3-day losing streak, closed at $1482.65, crossed above MA20 ($1464.73). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=POLICYBZR.N

● Cholamandalam Investment and Finance Company (CHOLAFIN) fell -2.5% (-$33.85), closed at $1314.9, a 46-day low. The largest increase in volume.
360miq.com/stockinfo?code=CHOLAFIN.N

● Zydus Lifesciences (ZYDUSLIFE) tanked -6% (-$74.95), closed at $1175.45, the worst % loss in more than 29 months, crossed below MA20 ($1215.78). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=ZYDUSLIFE.N

● Hindustan Zinc (HINDZINC) largely retreated -5.6% (-$34.2), closed at $580, the worst % loss in more than 2 months, also a 61-day low.
360miq.com/stockinfo?code=HINDZINC.N

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

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