During the past week, the domestic markets remained relatively quiet, with Nifty 50 experiencing a modest 0.32% rise in the absence of significant domestic events. However, a notable trend persisted as Foreign Institutional Investors (FIIs) continued their withdrawal from the Indian markets for the 18th consecutive week, contributing to a negative trend. The ongoing volatility in US bond yields introduced global market uncertainty, prompting FIIs to maintain a net selling position.
In contrast, the week saw heightened activity in the Initial Public Offering (IPO) market, with five mainboard IPOs open for subscription, each garnering positive responses. Meanwhile, discussions surrounding the impact of increased risk weights for banks persisted.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
RBI Increases Risk Weights: A Simple Explainer!
2023's Hottest IPOs: Top 5 Companies with Highest Subscription!
Riding the Tata Wave!
Infosys Bucks the Trend: Lone Big IT Player to Show Negative YTD Returns!
FII's Favourites: Top 12 Stocks Enjoying Steady FII Interest!
Market Watch: Identifying the 12 Stocks Facing Steady FII Withdrawals!
Maruti Suzuki Faces Tough Competition!
Performance of FMCG majors in Q2FY24:.
Revenue earned per bed by Hospital Giants for the quarter ending 30th Sep 2023.
Nifty 50's Earnings Cup: Key Highlights for September Quarter!
Bank Nifty Reports A 30% Rise In PAT In Q2FY24!
Here’s how Nifty Pharma exhibited its growth in Q2FY24.
The System Level Bank Credit Continues its upward Trajectory!
Fund flow analysis of mutual funds for the month of Oct-23.
HINDALCO gave a cup & handle pattern breakout on the daily chart.
BPCL broke its key resistance level of 400 supported by a rise in volumes.
A breakout & retest structure around the key 1425 level was visible on the daily chart of ICICIGI.
Inverse Head and shoulder pattern is observed in Reliance. A rising ROC above zero typically confirms an uptrend.
Pfizer breaks Out with Notable Volume Surge. Exhibiting Higher Highs and Higher Lows. RSI at 74 signals bullish momentum.
Image Source: Visual Capitalist