NIFTY 50 fell -1.5% (-365 pts), closed at 23588 points, fell 5 days in a row, the worst % loss in more than 2 months, also a 20-day low, fell -4.8% (-1180 pts) for the week after a 4-week winning streak, crossed below MA200 (23832 pts).
Among the 150 largest-cap stocks, 8 (5%) closed higher. Only 14% of all NSE stocks ended higher, the least in 1 month.
In terms of sectors, all sectors were down with losses from -1.2% to -3.5%. 6 sectors outperformed the market. The market was down -2%; Healthcare was down -1.2%, but already the best performer; Real Estate was down -3.5%, the worst performer.
● General Insurance Corporation of India (GICRE) largely rebounded +13.2% (+$58.55), closed at $501, the best % gain in 11 months, also hit a record high, rose +16.5% (+$70.95) for the week, rose 5 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=GICRE.N
● Siemens (SIEMENS) tumbled -10% (-$763.25), closed at $6868.9, fell 4 days in a row, the worst % loss in more than 6 months, fell -12.9% (-$1015.95) for the week after a 4-week winning streak, crossed below MA50 ($7330.17). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=SIEMENS.N
● Torrent Power (TORNTPOWER) largely retreated -9.4% (-$152.8), closed at $1479.2, the worst % loss in more than 34 months, also a 115-day low, fell -11.4% (-$190) for the week after a 2-week winning streak, crossed below MA20 and MA200 ($1613.01, $1604.87).
360miq.com/stockinfo?code=TORNTPOWER.N
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