NSE Indices movement analysis 29 April 2020
Below is a brief snapshot of indices fall from 20 Jan 2020
highs to 24 March 2020 and then up move.
|
Index
|
20-Jan-20
|
24-Mar-20
|
29-Apr-20
|
%age
fall
|
%age
rise
|
Net move
|
|
Nifty 50
|
12430
|
7511
|
9553.35
|
-40%
|
27%
|
-23%
|
|
Nifty Next 50
|
28754
|
18720
|
23624.05
|
-35%
|
26%
|
-18%
|
|
NIFTY MIDCAP 50
|
4945
|
2975
|
3650
|
-40%
|
23%
|
-26%
|
|
NIFTY SMLCAP 50
|
3036
|
1611
|
1916.05
|
-47%
|
19%
|
-37%
|
|
Nifty Auto
|
8353
|
4694
|
5543.75
|
-44%
|
18%
|
-34%
|
|
Nifty Bank
|
31081
|
17017
|
21090.2
|
-45%
|
24%
|
-32%
|
|
Nifty Energy
|
15855
|
10024
|
12611.55
|
-37%
|
26%
|
-20%
|
|
Nifty Financial Services
|
14360
|
8419
|
10292.9
|
-41%
|
22%
|
-28%
|
|
Nifty FMCG
|
31427
|
23971
|
28665
|
-24%
|
20%
|
-9%
|
|
Nifty IT
|
16207
|
11865
|
13424.95
|
-27%
|
13%
|
-17%
|
|
Nifty Media
|
1836
|
1032
|
1165.95
|
-44%
|
13%
|
-36%
|
|
Nifty Metal
|
2835
|
1502
|
1724
|
-47%
|
15%
|
-39%
|
|
Nifty Pharma
|
8294
|
6611
|
8385
|
-20%
|
27%
|
1%
|
|
Nifty Realty
|
326
|
171
|
183.00
|
-48%
|
7%
|
-44%
|
|
Reliance
|
1609
|
943
|
1427
|
-41%
|
51%
|
-11%
|
Indices fallen more than Nifty 50 are highlighted in light
red and indices rose more than Nifty 50 are in light green colour.
Key points
1.
Nifty Pharma is above 20 Jan 2020 closing price
giving us net +ive return.
2.
Indices fallen less than Nifty 50 (at -23%) from
20 Jan 2020 are
a.
Nifty Pharma at +1%
b.
Nifty FMCG at -9%
c.
Nifty IT at -17%
d.
Nifty Next 50 at -18%.
3.
%age rise from 24 March 2020 lows
a.
Nifty Pharma at 27%
b.
Nifty Next 50 at 26%
c.
Nifty Energy at 26%
d.
Nifty 50 at 26%
Some
observations
1.
Nifty Next 50 is outperforming Nifty 50 after a
long time.
2.
Most of gains in Nifty 50 are from Reliance only
3.
Nifty FMCG while has not fallen during Jan-March
2020, it did not give good gains from March lows.
4.
Nifty Pharma is net +ive from 20 Jan 2020 high
5.
Nifty Mid caps behaved much better in the fall by
underperforming Nifty 50 by 3 percent only. Midcaps have been in downtrend
since Jan 2018 highs.
We need to analyse top 200 stocks move also
to see where money is flown out and now coming in. Will publish that soon.
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