NIFTY 50 largely rose +1.9% (+471 pts), closed at 25389 points, the best % gain in 3 months, also hit a record high, crossed above MA20 (24986 pts).
Among the 150 largest-cap stocks, 136 (91%) closed higher. 61% of all NSE stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -2.9% to +2.6%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.9%; Communication was up +2.6%, the best performer, reflecting a more aggressive market sentiment; Consumer Defensive was down -2.9%, the worst performer.
● CG Power and Industrial Solutions (CGPOWER) spiked +5.7% (+$39.4), closed at $729.15, rose 3 days in a row, the best % gain in more than 2 months, crossed above MA20 and MA50 ($702.89, $707.77). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=CGPOWER.N
● Kalyan Jewellers India (KALYANKJIL) spiked +4.9% (+$32.5), closed at $689.3, hit a record high.
360miq.com/stockinfo?code=KALYANKJIL.N
● Bharti Airtel (BHARTIARTL) surged +4.4% (+$68.95), closed at $1646.75, the best % gain in more than 1 month, also hit a record high.
360miq.com/stockinfo?code=BHARTIARTL.N
● Varun Beverages (VBL) largely retreated -58.9% (-$923.55), closed at $645.6, hit a YTD low, crossed below MA20, MA50 and MA200 ($1491.38, $1521.4, $1475.43). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=VBL.N
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