NIFTY 50 rose +1.5% (+375 pts), closed at 25791 points, hit a record high, rose +1.7% (+434 pts) for the week, rose 2 weeks in a row.
Among the 150 largest-cap stocks, 131 (87%) closed higher. 66% of all NSE stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.5% to +1.9%. 5 sectors outperformed the market. The market was up +1.2%; Communication, Industrials were up +1.9%, the best performers, reflecting a more aggressive market sentiment; Real Estate was down -0.5%, the worst performer.
● Muthoot Finance (MUTHOOTFIN) fell -2.3% (-$45.8), closed at $1989.65, the worst % loss in more than 1 month, fell -1.2% (-$23.4) for the week after a 4-week winning streak, is testing MA20 ($1987.78). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=MUTHOOTFIN.N
● Max Healthcare Institute (MAXHEALTH) soared +8.4% (+$83.1), closed at $1067.95, the best % gain in more than 3 months, also hit a record high, rose +17.6% (+$159.95) for the week, rose 4 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=MAXHEALTH.N
● Mazagon Dock Shipbuilders (MAZDOCK) largely rebounded +7.7% (+$314.45) after a 6-day losing streak, closed at $4374.1, the best % gain in more than 1 month, rose +1.4% (+$61.3) for the week, crossed above MA20 ($4324.01).
360miq.com/stockinfo?code=MAZDOCK.N
● Tube Investments of India (TIINDIA) largely rebounded +7.9% (+$312.55), closed at $4291.95, the best % gain in more than 9 months, also a 56-day high, rose +4.7% (+$194.1) for the week, rose 2 weeks in a row, crossed above MA20 and MA50 ($4033.35, $4044.89).
360miq.com/stockinfo?code=TIINDIA.N
● Macrotech Developers (LODHA) soared +7.1% (+$92.35), closed at $1395.85, rose 7 days in a row, the best % gain in nearly 3 months, also a 47-day high, rose +13.5% (+$165.65) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=LODHA.N
● Grasim Industries (GRASIM) fell -2.2% (-$60.7), closed at $2678.25, the worst % loss in more than 1 month, fell -3.8% (-$106.1) for the week, crossed below MA20 and MA50 ($2723.57, $2695.56). The largest increase in volume today.
360miq.com/stockinfo?code=GRASIM.N