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NSE Market Update 2025-01-30

360MiQ 0

NIFTY 50 rose +0.4% (+86.5 pts), closed at 23250 points, rose 3 days in a row, is testing MA20 (23299 pts).

Among the 150 largest-cap stocks, 89 (59%) closed higher. 54% of all NSE stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.7% to +1.8%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.3%; Communication was up +1.8%, the best performer, reflecting a more aggressive market sentiment; Consumer Cyclical was down -0.7%, the worst performer.

● SRF (SRF) surged +6.2% (+$166.3), closed at $2831.15, rose 3 days in a row, hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SRF.N

● Solar Industries India (SOLARINDS) soared +5.2% (+$495.15), closed at $10063.7, the best % gain in 2 months, also hit a YTD high, crossed above MA50 ($10004.53). The largest increase in volume.
360miq.com/stockinfo?code=SOLARINDS.N

● Tata Motors (TATAMOTORS) largely retreated -7.4% (-$55.65), closed at $696.85, the worst % loss in more than 8 months, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=TATAMOTORS.N

● ABB India (ABB) largely retreated -6.4% (-$391.5), closed at $5719.35, the worst % loss in nearly 8 months, also hit a YTD low.
360miq.com/stockinfo?code=ABB.N

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