NIFTY 50 rose +0.9% (+217 pts) after a 6-day losing streak, closed at 25013 points, is testing MA50 (25045 pts).
Among the 150 largest-cap stocks, 124 (83%) closed higher. 82% of all NSE stocks ended higher, the most in 2 months, good for the market.
In terms of sectors, all sectors were up with gains from +0.8% to +3%. 6 sectors outperformed the market. The market was up +1.8%; Industrials was up +3%, the best performer; Consumer Defensive was up +0.8%, but already the worst performer.
● Dixon Technologies (India) (DIXON) surged +7.5% (+$1009.25), closed at $14519, the best % gain in more than 4 months, also hit a record high, crossed above MA20 ($13758.57). The largest increase in volume.
360miq.com/stockinfo?code=DIXON.N
● Bajaj Housing Finance (BAJAJHFL) largely rebounded +10% (+$13.6), closed at $149.63. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=BAJAJHFL.N
● Varun Beverages (VBL) largely rebounded +8.8% (+$47.95) after a 3-day losing streak, closed at $590, the best % gain in 22 months, crossed above MA200 ($586.7).
360miq.com/stockinfo?code=VBL.N
● Trent (TRENT) jumped +8% (+$592.45), closed at $8041.95, the best % gain in nearly 2 months, also hit a record high.
360miq.com/stockinfo?code=TRENT.N
● Rail Vikas Nigam (RVNL) largely rebounded +7.8% (+$35.35) after a 4-day losing streak, closed at $487.05, the best % gain in nearly 2 months.
360miq.com/stockinfo?code=RVNL.N
● NMDC (NMDC) tumbled -4.3% (-$9.75), closed at $218.99, fell 5 days in a row, the worst % loss in nearly 2 months, crossed below MA20 and MA50 ($223.25, $222.48). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=NMDC.N
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