NIFTY 50 rose +1.2% (+283 pts), closed at 23190.65 points, rose 4 days in a row, a 25-day high, crossed above MA50 (22976 pts).
Among the 150 largest-cap stocks, 115 (77%) closed higher. 61% of all NSE stocks ended higher.
In terms of sectors, all sectors were up with gains from +0.3% to +2.9%. 6 sectors outperformed the market. The market was up +0.9%; Communication was up +2.9%, the best performer, reflecting an increasing risk appetite; Utilities was up +0.3%, but already the worst performer.
● Bharat Forge (BHARATFORG) jumped +5.1% (+$58.3), closed at $1194.3, rose 4 days in a row, the best % gain in nearly 8 months, also a 32-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=BHARATFORG.N
● Max Healthcare Institute (MAXHEALTH) soared +4.5% (+$48.4), closed at $1135.85, rose 7 days in a row, a 26-day high.
360miq.com/stockinfo?code=MAXHEALTH.N
● Bharti Airtel (BHARTIARTL) largely rose +4.2% (+$68.1), closed at $1705.25, the best % gain in 3 months, also a 21-day high.
360miq.com/stockinfo?code=BHARTIARTL.N
● Polycab India (POLYCAB) largely retreated -6.5% (-$355) after a 3-day winning streak, closed at $5083.4, crossed below MA20 ($5189.05). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=POLYCAB.N
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