The past week witnessed a remarkable feat as India achieved a historic milestone by becoming the first country to successfully land on the lunar South Pole. This momentous achievement not only captured the imagination of space enthusiasts but also reverberated in the equity markets. The Indian Space Sector took-off and soared their investors portfolio to new heights.
Coming back to earth, in the financial landscape we saw another significant development with the introduction of a new Reliance stock - Jio Financials which got demerged from Reliance Industries. While the broader market was stable, it's noteworthy that the Nifty 50 experienced a marginal downtick of 0.23% by week's end.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
The table covers the share price returns of the companies that supplied parts, equipment, and other allied services for India’s Chandrayaan 3.
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The below chart displays the latest quarterly performance review of the Adani Group Companies.
The accompanying chart indicates the Average Revenue Per Occupied Bed earned by the hospital behemoths during Q1FY24:
The table below shows the listing gains and holding returns of the IPOs listed in 2023.
The chart below shows the quarterly PAT figures of both Profit-making and Loss-making new-age Companies.
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The below chart shows the companies with the highest quarterly sales growth in Q1FY24.
Here are the mid-cap IT companies whose revenues have consistently increased in the past 9 quarters.
These small-cap companies have given the highest share price returns in Q1FY24.
India Inc’s journey in Q1FY24 resembled a rollercoaster, with some sectors shining while others were disappointed
The below chart depicts the YTD performance of sectoral-based & and broad-based indices:
Foreign Institutional Investors continued their sustained net investments for the month of August’23 after withdrawing in the first week of August.
SUNTV has broken out of its resistance on the daily chart with spike in volumes and Long Buildup in Future Open Interest (OI) data.
GMRINFRA has given a breakout from the narrow range on the daily chart with rise in volumes.
BHARATFORG has broken out of the 950-980 consolidation range on the daily chart. Short covering at 980 and 1000 Strikes drove further rally.
Are you Team Biryani or Team Pizza? (Image Source: Indian in Pixels)
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