Market Recap – Weekly Update (February 10, 2023)

Market Recap: Weekly Update

(February 10, 2023)

YTD refers the Returns from January 1, 2024 till February 9, 2024

Weekly Change

YTD

Nifty

21,782.50

0.55%

INR 0.24%
USD -0.6%

Sensex

71,595.49

1%

INR -0.89%
USD -1.74%

Bank Nifty

45,634.55

0.54%

INR -5.50%
USD -6.31%

NASDAQ 100

15,990.66

2.41%

8.29%

S&P 500

5,026.61

1.4%

5.98 %

Index Valuation and Earning

Index

P/E Ratio

EPS

Nifty 50

22.5

967.7

Nifty Bank

15.2

3,006.2

Nifty Financial Services

16.9

1,195.5

Nifty IT

32.2

1,169.3

Nifty Auto

25.6

765.6

Nifty FMCG

43.1

1,250.1

Nifty Healthcare

41.8

284.7

Nifty Pharma

36.2

514.7

Nifty Consumer Durables

65.5

473.9

Exchange Rates, Brent Crude & Gold

Closing Price

Weekly Change

USD/INR

83.01

0.03%

EUR/INR

89.49

0.32%

EUR/USD

1.078

-0.16%

Brent Crude

80.94

4.81%

Gold (USD/OZ)

2,024.47

0.29%

Gold (INR/10G)

24 caret

64,330

Delhi

0.2%

FII and DII Weekly Trading Data

FII

Gross Purchases

75,950.46

Gross Sales

81,821.91

Net Purchases / Sales

5,871.45

DII

Gross Purchases

67,086.11

Gross Sales

61,760.35

Net Purchases / Sales

5,325.76

 

Key Market Updates
  • Nifty 50 top gainers: SBI (11.64%), Bharat Petroleum (10.02%), Coal India (8.67%), Sun Pharma (8.34%), TCS (4.22%).
  • RBI keeps interest rates unchanged – Repo rate remains at 6.50%
  • Oil rises for fourth straight sessions on Gaza ceasefire rejection. The price crosses $80.
  • Divi’s Lab Q3 results: Net profit up 17% to Rs 358 crore. Revenue came in at Rs 1,855 crore up 8.6 percent.
  • LIC Q3 results: Net profit jumps 49% to Rs 9,444 cr. Net Sales at Rs 213,344.77 crore, up 8.32% Y-o-Y.
  • Tata Power Q3 net profit remains muted at Rs 1,076.12 crore. Revenue increased by 6.2 percent to Rs 15,294.13 crore.
  • Hero MotoCorp Q3 Results: Profit surges 51% YoY to Rs 1,073 crore. Revenue from operations grew 21% YoY in the quarter to Rs 9,724.
Startup, M&A Deals
  • Creator-focused platform Wishlink raised $7 million from Fundamentum and Elevation Capital.
  • Home automation startup Keus Smart Home Automation raised Rs 100 crore ($12 million) led by OAKS Consumer Fund.
  • Fintech startup focused on mobility segment OTO Capital raised $10 million from GMO Venture Partners, Turbostart, Prime Venture Partners, Matrix Partners, and 9Unicorns.
  • EV-focussed NBFC startup Mufin Green Finance raised Rs 140 crore ($16.8 million) from a group of family offices
  • EV startup River raised $40 million from Yamaha Motor Co, Al-Futtaim Automotive, Lowercarbon Capital, and Toyota Ventures.
  • Metafin, a cleantech-focused NBFC, raised $5 million from Prime Venture Partners and Varanium Capital.

Checkout the last week’s Market trends here: Market Recap (February 3, 2023)

Subscribe to our newsletter and follow us on InstagramFacebook, and LinkedIn to get the weekly update.

Cover Image Source: Freepik
1 Comment

Comments are closed.

Open a Demat account with

– No. 1 Broker in India
– For Indian Stocks & MFs
– For Residents & NRIs
– Flat Brokerage per Order
– Best User Experience

OPEN ACCOUNT

Start investing in

– Start-Ups with Revenue
– Early & Growth Stages
– All Sectors
– Seed Stage to Series B
– Moderate to High Risk
– 3X to 10X Potential

REGISTER NOW
Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from - Youtube
Vimeo
Consent to display content from - Vimeo
Google Maps
Consent to display content from - Google
Spotify
Consent to display content from - Spotify
Sound Cloud
Consent to display content from - Sound
Cart Overview

Startup Investing

Zerodha Account

Request a Report

We will do our best to share it within 2 working days:

For e.g. 15th March '20 to 18th March '20