NIFTY 50 slightly fell -0.01% (-2.95 pts), closed at 22545 points, fell 7 days in a row, hit a YTD low.
Among the 150 largest-cap stocks, 40 (27%) closed higher. Only 17% of all NSE stocks ended higher.
In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -2.2% to +0.4%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.8%; Communication was up +0.4%, but already the best performer; Industrials was down -2.2%, the worst performer.
● Shriram Finance (SHRIRAMFIN) surged +5.7% (+$32.55), closed at $606.8, the best % gain in 7 months, also a 38-day high, crossed above MA200 ($590.04). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SHRIRAMFIN.N
● Cholamandalam Investment and Finance Company (CHOLAFIN) surged +5.2% (+$70.85) after a 3-day losing streak, closed at $1438.65, hit a YTD high.
360miq.com/stockinfo?code=CHOLAFIN.N
● Bharti Hexacom (BHARTIHEXA) largely rebounded +4.8% (+$59.5) after a 4-day losing streak, closed at $1306.1, crossed above MA200 ($1284.91).
360miq.com/stockinfo?code=BHARTIHEXA.N
● Polycab India (POLYCAB) tanked -18.8% (-$1086.05), closed at $4679.55, the worst % loss in more than 13 months, also hit a YTD low, crossed below MA20 ($5678.45). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=POLYCAB.N
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