NIFTY 50 rose +1.1% (+258 pts), closed at 23508 points, rose 4 days in a row, rose +1.8% (+416 pts) for the week after a 3-week losing streak, fell -0.6% (-137 pts) for the month, crossed above MA20 (23275 pts).
Among the 150 largest-cap stocks, 126 (84%) closed higher. 77% of all NSE stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to +3.2%. 5 sectors outperformed the market. The market was up +1.4%; Industrials was up +3.2%, the best performer; Communication was down -0.2%, but already the worst performer.
● Rail Vikas Nigam (RVNL) soared +9% (+$39.4), closed at $476.3, rose 4 days in a row, hit a YTD high, rose +16.1% (+$66.2) for the week, rose +12.7% (+$53.6) for the month, crossed above MA200 ($453.11). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=RVNL.N
● Waaree Energies (WAAREEENER) spiked +8.9% (+$195.6), closed at $2392.7, the best % gain in nearly 3 months, rose +6.8% (+$152.05) for the week, fell -16.2% (-$462.05) for the month.
360miq.com/stockinfo?code=WAAREEENER.N
● Jindal Steel & Power (JINDALSTEL) plunged -5.8% (-$48.5), closed at $791.55, the worst % loss in nearly 8 months, also hit a YTD low, fell -10.3% (-$91.25) for the week, fell 2 weeks in a row, fell -15% (-$139.15) for the month. The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=JINDALSTEL.N
360miq.com/market?data=NSE#tab-3
