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NSE Market Update 2024-08-23

360MiQ 0

NIFTY 50 slightly rose +0.04% (+11.2 pts), closed at 24823 points, rose 7 days in a row, rose +1.1% (+282 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 48 (32%) closed higher. 45% of all NSE stocks ended higher.

In terms of sectors, 3 sectors closed up, 8 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to +0.6%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.1%; Communication, Consumer Cyclical were up +0.6%, the best performers; Real Estate was down -1.8%, the worst performer.

● FSN E-Commerce Ventures (NYKAA) surged +7.8% (+$16.35), closed at $226.77, hit a YTD high, rose +17% (+$32.87) for the week, rose 2 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=NYKAA.N

● Macrotech Developers (LODHA) sank -5% (-$61.6), closed at $1161.25, fell 5 days in a row, the worst % loss in more than 1 month, also a 70-day low, fell -10.4% (-$134.95) for the week after a 2-week winning streak, crossed below MA200 ($1172.06). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=LODHA.N

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

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