The Nifty 50 remained flat in the week gone by gaining 0.19%, this was despite the week being filled with important events. Bank Nifty hits an all time high on 29th May,2023. We analyse the Monthly Ups and Down of Bank Nifty in this week’s samshots. The Q4 results season officially comes to an end. Find out which Nifty 50 stock reported the highest revenue gains in Q4FY23. Auto companies report monthly sales numbers. On the macro-economic data front, India reports better than expected GDP growth.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
The below chart indicates deliverable volume witnessing a surge in Force Motors and Max Healthcare Institute Ltd. compared to the average deliverable volume
The data shows which companies are heavily investing in R&D expenditure & it indicates a direct relationship between R&D and sales growth
The below data shows the production and offtake performance of Coal India Ltd. for the month of May 2023
The chart indicates deliverable volume witnessing a surge in ICRA and Nucleus Software Exports Ltd. compared to the average deliverable volume
As Nifty Bank hits a record high, here is a price performance of Nifty Bank constituents from its previous high on 14th December 2022
India’s Manufacturing PMI which has been above 50 for 23 consecutive months hit a 31-Month high in May’23
Delta Corp has managed to break out of the 235-238 resistance. The stock is also trading in a higher low formation
Indigo gave a triple top breakout after failing to go past the 2300 resistance on the previous three occasions
RBL Bank was trading in a downward channel since the start of 2023. The stock is set to resume an uptrend after breakout from the flag and pole pattern
How Fit is India? (Source: World of statistics)