NIFTY 50 fell -0.7% (-169 pts), closed at 23350 points, a 109-day low.
Among the 150 largest-cap stocks, 56 (37%) closed higher. Only 26% of all NSE stocks ended higher.
In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -4.4% to +0.8%. 7 sectors outperformed the market. The market was down -1.2%; Real Estate was up +0.8%, the best performer; Utilities was down -4.4%, the worst performer.
● The Indian Hotels Company (INDHOTEL) surged +4.7% (+$35.3), closed at $786.8, hit a record high.
360miq.com/stockinfo?code=INDHOTEL.N
● Suzlon Energy (SUZLON) spiked +5% (+$3.11), closed at $65.33, rose 4 days in a row, the best % gain in more than 16 months, crossed above MA20 ($64.99). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=SUZLON.N
● Adani Enterprises (ADANIENT) tumbled -22.5% (-$633.35), closed at $2183.65, fell 3 days in a row, the worst % loss in more than 21 months, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ADANIENT.N
● Adani Energy Solutions (ADANIENSOL) plunged -19.8% (-$172.25), closed at $697.25, the worst % loss in more than 5 months, also hit a YTD low.
360miq.com/stockinfo?code=ADANIENSOL.N
● Adani Green Energy (ADANIGREEN) sank -18.6% (-$261.3), closed at $1145.7, fell 3 days in a row, the worst % loss in more than 5 months, also hit a YTD low.
360miq.com/stockinfo?code=ADANIGREEN.N
● Adani Ports and Special Economic Zone (ADANIPORTS) tanked -13.4% (-$172.55), closed at $1114.65, the worst % loss in more than 5 months, also a 224-day low.
360miq.com/stockinfo?code=ADANIPORTS.N