The Week gone was an eventful period for the markets with a host of important announcements and data points being released. One of the biggest highlights for the week was the imposition of 28% GST on online games and casinos. The gaming stocks were bleeding in red post the announcement. The IT giants reported their Q1 earnings and on 14th July Nifty IT reported its biggest single-day Jump in 2 years. On the macroeconomic front, India’s CPI came in higher at 4.81% in June as food inflation soared.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
Jio Finance Set to Demerge from Reliance Industries!
Floods in Himachal To Water Down The Financials Of Insurance Companies?
The table below shows how the share price of TCS moves after the results
The table below shows how the share price of TCS moves after the results
The below data shows how Wipro performed during Q1FY24.
Federal Bank Reports Q1 results; Margin Compresses, PAT Grows 42% YoY!
Shares of Delta Corp Falls ~21% on Wednesday as Centre Hikes GST on Online Gaming and Casinos!
LTI Mindtree enters into Nifty 50; here’s how stocks react post Nifty inclusions!
The table below covers a list of IPOs that came out in the second half of Calendar Year (C.Y.) 2022 and have delivered returns above 40%.
The Big Faceoff between Small Finance Banks in FY23!
Yes Bank has been steadily moving in the right direction!
The below chart shows the YTD stock price returns of Defence Companies.
The chart below shows the operating profits of FMCG companies and their growth in the previous quarter.
The below bar graph represents the Sales update of Sula Vineyards Ltd for Q1FY24.
The following line chart depicts the Net fund flow in large, mid & small-cap funds for the last 6 months.
The below chart indicates the production and delivery volumes of the company on a provisional basis for Q1FY24.
Nifty IT Sees a Good Run this Week!
Nifty Auto Index Hits Record High; Is the Valuation Expensive?
The below data shows the percentage of times each global index closes on a positive note between April 01, 2023 and June 30, 2023.
There have been 14 occasions since the year 2000 when the Nifty50 has given positive returns in the first half of a calendar year. Of those 14 times, there have been only 2 times where the annual returns of Nifty50 were lower than the H1 returns. In H1CY2023 too, the index has given a positive return.
After Falling For Four Consecutive Months CPI Rises In June!
The below chart represents the YoY growth of IIP data.
The below chart represents the Wholesale Index numbers & annual rate of inflation (YoY)
The chart below covers the equity inflow trends of mutual funds over the last year.
Metal Stocks Rally on cards?
End of Fear Sentiment in SAIL?
NATIONALUM has given an ascending triangle breakout on the daily chart. However, a strong close above 90 with short covering support is required to trigger fresh rally.
TECHM consolidated between the 980-1160 zones since the last 1 year. The price broke out of the range with Long Buildup support.
ASHOKLEY is trading above its triple top resistance of 170 on the daily chart. A strong close above 170 can trigger fresh buying.
India Successfully Launches Chandrayaan-3 into orbit for its onward journey toward Moon. (Image Source: DD News)
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