Market Recap: Weekly Update
(December 2, 2023)
YTD refers the Returns from January 1, 2023 till December 1, 2023
Weekly Change | YTD | |
Nifty 20,267.90 | 2.21% | INR 11.94% |
Sensex | 2.27% | INR 10.91 % |
Bank Nifty | 2.69% | INR 4.25% |
NASDAQ 100 | 0.17% | 47.27% |
S&P 500 | 0.87% | 20.15 % |
Index Valuation and Earning
Index | P/E Ratio | EPS |
Nifty 50 | 21.7 | 935.7 |
Nifty Bank | 15.4 | 2915.7 |
Nifty Financial Services | 17.5 | 1154.9 |
Nifty IT | 27.5 | 1187.6 |
Nifty Auto | 24.6 | 711.2 |
Nifty FMCG | 43.9 | 1228.1 |
Nifty Healthcare | 37.7 | 273.9 |
Nifty Pharma | 32.7 | 496.6 |
Nifty Consumer Durables | 65.8 | 451.3 |
Exchange Rates, Brent Crude & Gold
Closing Price | Weekly Change | |
USD/INR | 83.22 | -0.17% |
EUR/INR | 90.6 | -0.67% |
EUR/USD | 1.09 | -0.6% |
Brent Crude | 79.1 | -0.82% |
Gold (USD/OZ) | 2,071.25 | 2.42% |
Gold (INR/10G) 24 caret | 64,640 Delhi | 1.17% |
FII and DII Weekly Trading Data
FII
Gross Purchases | 107,868.51 |
Gross Sales | 97,275.32 |
Net Purchases / Sales | 10,593.19 |
DII
Gross Purchases | 44,129.21 |
Gross Sales | 39,775.66 |
Net Purchases / Sales | 4,353.55 |
Key Market Updates
- Nifty 50 top Gainers: Axis Bank Ltd. (9.53%), Britannia Ind. (7.03%), Bharat Petroleum (6.67%), Adani Enterprises (6.17%), Hero MotoCorp (5.96%).
- FIIs make a stellar comeback! Turn net buyers in last 4 sessions with net inflow of ₹10,593 crore
- Flair Writing signs in to Dalal Street with 66% premium over issue price.
- Tata Tech IPO investors make 180% return on Day 1.
- Deepak Chemtex IPO: Issue subscribed more than 403times on the last day.
- Annual inflation in the euro zone cooled to 2.4% in November from 2.9% in October.
Startup, M&A Deals
- Clove Dental parent gets $50 million from Qatar Investment Authority.
- PE firm Faering Capital invests $30 mn in Vastu Housing Finance.
- Dell Inks $150 Million Hardware Deal With AI Startup Imbue.
- Microsoft adds $10 billion to investment in ChatGPT maker OpenAI.
- BlueVoyant acquires cyber defense company Conquest Cyber, raises $140M.
- CarDekho acquires Revv to enter shared mobility.
- UltraTech Cement to buy Kesoram’s cement business in Rs 5,379-cr deal, announces swap ratio of 1:52
Checkout the last week’s Market trends here: Market Recap (November 25, 2023)
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Cover Image Source: Freepik Read about: Market Recap – Weekly Update (December 9, 2023)
