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NSE Market Update 2024-10-28

360MiQ 0

NIFTY 50 rose +0.7% (+158 pts) after a 5-day losing streak, closed at 24339 points.

Among the 150 largest-cap stocks, 98 (65%) closed higher. 69% of all NSE stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to +2%. 4 sectors outperformed the market. The market was up +0.6%; Real Estate was up +2%, the best performer; Healthcare was down -1.8%, the worst performer.

● Indian Bank (INDIANB) surged +10.6% (+$52.95) after a 5-day losing streak, closed at $551.45, the best % gain in more than 14 months, also a 38-day high, crossed above MA20, MA50 and MA200 ($518.87, $529.35, $527.73). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=INDIANB.N

● Reliance Industries (RELIANCE) tumbled -49.8% (-$1321.35), closed at $1334.35, hit a YTD low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=RELIANCE.N

● InterGlobe Aviation (INDIGO) tanked -8% (-$350.65), closed at $4015.45, fell 6 days in a row, the worst % loss in 32 months, also a 119-day low. The largest increase in volume.
360miq.com/stockinfo?code=INDIGO.N

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

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