Nifty 50 ended the Week on a positive note with a weekly gain of 0.74%. This is the sixth instances in the last seven weeks that market have ended positively. The PSU were back in limelight with gains of 10.7% in the week. The Media too enjoyed buying, witnessing gains of 8.8%. The Week also witnessed Q1FY24 Provisional updates of various companies and kept the markets on its toes.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
Bajaj Finance shares Surges on Tuesday as market reacts to its strong Q1 update.
The auto sales in June'23 showcased a mixed bag of numbers.
HDFC Bank shares witnessed selling after it reported its Q1 provisional numbers.
The Mammoth loan book of HDFC Bank have become even more bigger post-merger.
Here's How The Loan Mix Of The Merged HDFC Bank Look Like!
All Eyes On CASA; Will It Spoil The Banking Party?
Below are the results update of DMart for Q1FY24
Federal Bank Trades in Green; Reports Solid Q1 Numbers!
The following table is the back-testing result of two daily candles if formed above the upper band of the Bollinger band
The below chart is the segment-wise operational update of Adani Wilmar.
IT sector plunged post the muted results in the previous quarter. However, the stock price have seen a significant rebound since.
The below data shows the operational performance of Titan and KalyanJewellers for Q1FY24.
Paytm reported exceptional operational updates for June’23, growing in all its business verticals.
The market share of Hero MotoCorp has been on a declining trend.
The table below shows a list of PSU companies that are trading at a Price-to-Book Value of less than 1.5 and have more than 15% of their market capitalization in cash.
Here are the best and worst performing stocks of Nifty50 in June 2023.
The below is the production data of Vedanta Ltd. for Q1FY24.
The below-mentioned data illustrates the speed at which the Nifty 50 index surpassed 1000 points each time ranging from 10,000 to 19,000.
Top Performing Stocks From The Three MCap Indices!
FIIs invested Rs.14,803 crores on 30th June,2023 which is the second highest net inflow in Indian markets after 22nd April, 2015.
Knight Frank report shows an increasing trend in the mid & premium segment sales.
Real Estate prices have slowed exceptionally in 2022 across cities.
GST Collection Trend for the Last Twelve Months.
India’s Manufacturing PMI which has now been above 50 for 24 consecutive months witnessed a fall in June’23 after rising for 3 consecutive months.
India’s Services PMI which has now been above 50 for 23 consecutive months fell in June’23 too.
IOC broke out of its long term resistance of 93-95 zones on the daily chart with support from Long Buildup in Future Open Interest (OI) data.
ICICIBANK faced a strong resistance around the 960 zones. Short covering at 960 Strike is likely to trigger a fresh rally in the stock.
HDFCBANK failed to sustain above 1700 zones like the previous four occasions. A strong close above 1700 will drive the next leg of rally.
Source: News18Graphics (Twitter)
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