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NSE Market Update 2024-12-18

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NIFTY 50 fell -0.6% (-137 pts), closed at 24199 points, fell 3 days in a row, crossed below MA20 (24349 pts).

Among the 150 largest-cap stocks, 45 (30%) closed higher. Only 26% of all NSE stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -1.8% to +0.7%. 7 sectors outperformed the market. The market was down -0.7%; Healthcare was up +0.7%, the best performer; Utilities was down -1.8%, the worst performer.

● Mazagon Dock Shipbuilders (MAZDOCK) largely retreated -4% (-$210.55), closed at $5100.7, the worst % loss in nearly 2 months. The worst performer but with average volume.
360miq.com/stockinfo?code=MAZDOCK.N

● Bharti Hexacom (BHARTIHEXA) jumped +6.6% (+$95.55), closed at $1545.85, the best % gain in 5 months, also hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=BHARTIHEXA.N

● JIO Financial Services (JIOFIN) largely fell -3.7% (-$12.5), closed at $324.6, the worst % loss in nearly 2 months, crossed below MA20 and MA50 ($332.54, $327.45).
360miq.com/stockinfo?code=JIOFIN.N

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

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