Market Recap: Weekly Update
(January 13, 2024)
YTD refers the Returns from January 1, 2024 till January 12, 2024
Weekly Change | YTD | |
Nifty | 0.79% | INR 0.75% |
Sensex 72,568.45 | 0.92% | INR 0.45 % |
Bank Nifty 47,709.80 | -0.68% | INR -1.21% |
NASDAQ 100 | 2.93% | 0.99% |
S&P 500 | 1.7% | 0.81 % |
Index Valuation and Earning
Index | P/E Ratio | EPS |
Nifty 50 | 23.2 | 937.8 |
Nifty Bank | 16.6 | 2908.2 |
Nifty Financial Services | 18.7 | 1153.6 |
Nifty IT | 29.2 | 1194 |
Nifty Auto | 26 | 707.1 |
Nifty FMCG | 46.4 | 1243.9 |
Nifty Healthcare | 39.9 | 273.8 |
Nifty Pharma | 35 | 496.4 |
Nifty Consumer Durables | 69.4 | 453.6 |
Exchange Rates, Brent Crude & Gold
Closing Price | Weekly Change | |
USD/INR | 82.87 | -0.38% |
EUR/INR | 90.87 | -0.07% |
EUR/USD | 1.094 | -0.46% |
Brent Crude | 77.65 | -0.45% |
Gold (USD/OZ) | 2,049.03 | 0.16% |
Gold (INR/10G) 24 caret | 64,255 Delhi | -0.41% |
FII and DII Weekly Trading Data
FII
Gross Purchases | 53,427.52 |
Gross Sales | 57,328.79 |
Net Purchases / Sales | -3,901.27 |
DII
Gross Purchases | 56,875.70 |
Gross Sales | 50,017.23 |
Net Purchases / Sales | 6,858.47 |
Key Market Updates
- Nifty 50 top gainers: Hero MotoCorp (9.85%), HCL Technologies (7.54%), Infosys L (5.23%), Reliance Inds.(5.13%), LTIMindtree (4.87%).
- US consumer price index increased 3.4% in the year through December, the most in three months according to government figures.
- TCS Q3 Results : Revenue grows 4% YoY, Income rises 8%.
- Infosys Q3 results: Net profit falls 7% YoY to Rs 6,106 crore.
- HCL Tech Q3 results: Net profit rises 6.2% to ₹4,350 crore, revenue up by 6.5%
- Wipro Q3 Results: PAT down 12% YoY to ₹2,694 crore, revenue drops 4.4% YoY.
- HDFC AMC Q3 net profit up 32% to Rs 488 crore, revenue jumps 20%.
- HDFC Life Q3 results: Net profit rises 16%, net premium income 6% up.
Startup, M&A Deals
- Varthana Finance has secured $14 million from Blue Earth Capital.
- Healthcare startup makeO raised $16 million from 360 ONE Asset, Eight Roads Ventures, Paramark Ventures, and the family office of Medlife founders.
- Healthcare startup CureBay raised Rs 62 crore ($7.5 million) from Elevar Equity and existing investors.
- B2B startup Karkhana.io raised $6.3 million from Arkam Ventures, Susquehanna Asia Venture Capital and Vertex Ventures Southeast Asia and India.
- Edtech startup ConveGenius raised $7 million from UBS Optimus Foundation, Mount Judi Ventures and others.
- Infosys announces acquisition of Insemi technology for ₹280 crore.
Checkout the last week’s Market trends here: Market Recap (January 6, 2024)
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Cover Image Source: Freepik
