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NSE Market Update 2024-12-17

360MiQ 0

NIFTY 50 fell -1.3% (-332 pts), closed at 24336 points, crossed below MA50 (24387 pts).

Among the 150 largest-cap stocks, 27 (18%) closed higher. Only 30% of all NSE stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.1% to -2.1%. 5 sectors outperformed the market. The market was down -1%; Real Estate was down -0.1%, but already the best performer; Communication was down -2.1%, the worst performer.

● Mazagon Dock Shipbuilders (MAZDOCK) surged +5.6% (+$280.6), closed at $5311.25, the best % gain in nearly 2 months, also a 96-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MAZDOCK.N

● Suzlon Energy (SUZLON) jumped +4.8% (+$3.2), closed at $69.56, rose 3 days in a row, a 33-day high, crossed above MA50 ($67.28).
360miq.com/stockinfo?code=SUZLON.N

● Shriram Finance (SHRIRAMFIN) plunged -5.1% (-$160.55), closed at $2976.9, fell 4 days in a row, the worst % loss in more than 6 months, crossed below MA20 and MA50 ($3062.74, $3127.13). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=SHRIRAMFIN.N

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

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