NIFTY 50 largely rose +1.9% (+446 pts), closed at 24189 points, the best % gain in more than 1 month, crossed above MA20, MA50 and MA200 (24179 pts, 24141 pts, 23890 pts).
Among the 150 largest-cap stocks, 129 (86%) closed higher. 64% of all NSE stocks ended higher.
In terms of sectors, all sectors were up with gains from +0.4% to +2.5%. 4 sectors outperformed the market. The market was up +1.4%; Consumer Cyclical was up +2.5%, the best performer, reflecting an increasing risk appetite; Healthcare was up +0.4%, but already the worst performer.
● Eicher Motors (EICHERMOT) soared +8.7% (+$422.8), closed at $5308.1, the best % gain in more than 56 months, also hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=EICHERMOT.N
● Bajaj Finserv (BAJAJFINSV) spiked +7.9% (+$124.25), closed at $1700.65, the best % gain in 29 months, also a 34-day high, crossed above MA20, MA50 and MA200 ($1621.02, $1652.71, $1664.71).
360miq.com/stockinfo?code=BAJAJFINSV.N
● Cholamandalam Investment and Finance Company (CHOLAFIN) soared +7.4% (+$87.15), closed at $1271.5, the best % gain in 8 months, crossed above MA20 and MA50 ($1247.72, $1264.07).
360miq.com/stockinfo?code=CHOLAFIN.N
● Suzlon Energy (SUZLON) largely retreated -3.7% (-$2.41), closed at $62.92. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=SUZLON.N
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