NIFTY 50 largely rose +2.4% (+557 pts), closed at 23907 points, the best % gain in more than 5 months, rose +1.6% (+374 pts) for the week after a 2-week losing streak, crossed above MA200 (23590 pts).
Among the 150 largest-cap stocks, 127 (85%) closed higher. 70% of all NSE stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to +3.2%. 4 sectors outperformed the market. The market was up +1.7%; Technology was up +3.2%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -0.1%, but already the worst performer.
● Info Edge (India) (NAUKRI) largely rebounded +6.4% (+$484.6), closed at $7999.95, the best % gain in more than 7 months, also a 22-day high, rose +3.1% (+$244.03) for the week, rose 3 weeks in a row, crossed above MA20 and MA50 ($7694.6, $7892.45). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=NAUKRI.N
● Godrej Properties (GODREJPROP) spiked +5.6% (+$152.35), closed at $2857.15, rose 5 days in a row, the best % gain in nearly 2 months, rose +10.1% (+$261.85) for the week after a 4-week losing streak, crossed above MA20 and MA200 ($2789.59, $2794.49).
360miq.com/stockinfo?code=GODREJPROP.N
● Adani Green Energy (ADANIGREEN) plunged -8.2% (-$93.9), closed at $1051.8, fell 4 days in a row, hit a YTD low, fell -29.4% (-$438.5) for the week, fell 9 weeks in a row. The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=ADANIGREEN.N
● Adani Energy Solutions (ADANIENSOL) tumbled -6.9% (-$48.3), closed at $648.95, hit a YTD low, fell -26.2% (-$230.75) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=ADANIENSOL.N
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