NIFTY 50 UP BY 400 + POINT , BANK NIFTY UP BY 800 + POINTS MARKET RALLIES ON FRIDAY 16 AUGUST 2024

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NIFTY 50 SURGES MORE THAN 400 + POINTS AFTER A WEEK OF SLOWDOWN IN THE MARKET ON FRIDAY AUGUST 16 2024

ALL THE LARGE COMPANIES SAW A GOOD UPWARD RALLY TODAY

TOP GAINERS OF FRIDAY :

  • OLA ELECTRIC – 20 % GAIN IN A SINGLE DAY HITS UPPERCURCUIT

  • SUZLON ENERGY – 4.50 % GAIN

  • DLF – 5.28% GAIN

  • WIPRO – 4.32% GAIN

  • TECH MAHINDRA – 4% GAIN

  • POLICY BAZAAR – 7.50 % GAIN

  • PIRAMAL ENTERPRISES – 6.92% GAIN

  • MPHASIS – 7 % GAIN

  • CDSL – 9 % GAIN

  • NIPPON LIFE AMC – 7.75 % GAIN

  • ZENSAR TECHNOLOGIES – 7.48 % GAIN

    TOP LOSERS ON FRIDAY :

  • VARUN BEVERAGES – -2.75%

  • ADANI ENERGY SOLUTION – -2.50%

  • SRF – -0.67%

  • APOLLO TUBES – -1.50 %

  • AUROBINDO PHARMA – -1.51%

  • VOLTAS – -1.20%

  • SHYAM METALICS – -3.24%

  • CESC – -1.58%

  • OLECTRA GREENTECH – -1.90%

INTERESTING FACT– MAJORITY OF ANALYST WAS AGAINT BUYING OLA ELECTRIC SHARE BUT IT SHOWED COMPELETELY OPPOSITE REACTION IN STOCK MARKET BECAUSE OLA ELECTRIC SURGED MORE THAN 75 % IN A SINGLE WEEK AFTER ITS IPO (INITIAL PUBLIC OFFERING )

SUZLON ENERGY TURNS OUT TO BE A 19 BAGGER IN 5 YEARS STOCK SHOWED A MASSIVE UPSIDE MOVE FROM 2 RS TO 80 RS

TATA MOTORS RECOVERED AFTER THE SELLOFF IS OVER IN THE GLOBAL MARKET AND CLOSES AT 1098 RS AGAIN

MAHINDRA AND MAHINDRA CLOSES AT 3.47 % GAIN AT 2840 RS SHOWS RECOVERY AFTER FALL

INDIA VIX IS REDUCED BY 6.74% IN A SINGLE DAY AFTER MARKET SURGES

GARSIM INDUSTRIES SHOWS RECOVERY AFTER A FALL OF MORE THAN 10 % GAINS 3.50% BACK ON FRIDAY CLOSES AT 2600 RS

ICICI LOMBARRD GENEREAL INSURANCE TOUCHES 2000 RS LEVEL CLOSES AT 2036 RS AFTER COMPANY GOOD PERFORMANCE QUOTER ON QUOTER

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