NIFTY 50 fell -0.5% (-113 pts), closed at 23092 points, fell -0.5% (-111 pts) for the week, fell 3 weeks in a row.
Among the 150 largest-cap stocks, 34 (23%) closed higher. Only 16% of all NSE stocks ended higher.
In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -2.3% to +0.1%. 6 sectors outperformed the market. The market was down -1.2%; Consumer Defensive was up +0.1%, but already the best performer; Industrials was down -2.3%, the worst performer.
● Torrent Power (TORNTPOWER) largely rose +3.2% (+$45.45), closed at $1469.7, fell -0.5% (-$7.3) for the week, crossed above MA20 ($1442.87). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=TORNTPOWER.N
● Oil India (OIL) tumbled -5.9% (-$26.8), closed at $424.5, fell 4 days in a row, the worst % loss in more than 4 months, fell -10.6% (-$50.3) for the week. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=OIL.N
● Dr. Reddy’s Laboratories (DRREDDY) tumbled -5% (-$65), closed at $1224.4, the worst % loss in more than 20 months, also a 35-day low, fell -6.5% (-$85) for the week, fell 2 weeks in a row, crossed below MA50 and MA200 ($1285.28, $1285.61). The largest increase in volume today.
360miq.com/stockinfo?code=DRREDDY.N
● Polycab India (POLYCAB) largely retreated -5.4% (-$335.1), closed at $5915.8, a 181-day low, fell -12.7% (-$863.9) for the week.
360miq.com/stockinfo?code=POLYCAB.N
● Mankind Pharma (MANKIND) largely retreated -4.9% (-$128.15), closed at $2506.9, a 60-day low, fell -3.6% (-$93.5) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=MANKIND.N
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