NIFTY 50 fell -0.9% (-221 pts), closed at 24750 points, fell 3 days in a row, a 40-day low.
Among the 150 largest-cap stocks, 17 (11%) closed higher. Only 21% of all NSE stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -3.3% to +0.5%. 4 sectors outperformed the market, the market internal was more negative. The market was down -1.3%; Technology was up +0.5%, the best performer; Real Estate was down -3.3%, the worst performer.
● Indian Overseas Bank (IOB) rose +2.5% (+$1.36), closed at $55.97, rose 3 days in a row.
360miq.com/stockinfo?code=IOB.N
● Infosys (INFY) rebounded +2.5% (+$48), closed at $1968.1, the best % gain in nearly 3 months, also hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=INFY.N
● Bajaj Auto (BAJAJ-AUTO) tumbled -12.9% (-$1497.5), closed at $10119.45, the worst % loss in more than 4 years, also a 38-day low, crossed below MA50 ($11136.41). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=BAJAJ-AUTO.N