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NSE Market Update 2024-08-20

360MiQ 0

NIFTY 50 rose +0.5% (+126 pts), closed at 24699 points, rose 4 days in a row.

Among the 150 largest-cap stocks, 109 (73%) closed higher. 62% of all NSE stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.5% to +1.2%. only 2 sectors outperformed the market. The market was up +0.5%; Financial was up +1.2%, the best performer; Communication was down -0.5%, the worst performer.

● Torrent Power (TORNTPOWER) spiked +7.4% (+$124.55), closed at $1797.35, crossed above MA20 ($1699.22). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=TORNTPOWER.N

● Mazagon Dock Shipbuilders (MAZDOCK) tanked -9% (-$425.2), closed at $4299.55, fell 3 days in a row, the worst % loss in more than 2 months, also a 34-day low, crossed below MA50 ($4688.23). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MAZDOCK.N

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