Market Recap – Weekly Update (January 20, 2023)

Market Recap: Weekly Update

(January 20, 2023)

YTD refers the Returns from January 1, 2024 till January 19, 2024

Weekly Change

YTD

Nifty
21,583.15

-2.21%

INR -0.68%
USD -1.7%

Sensex

71,499.65

-2.02%

INR -1.03 %
USD -2 %

Bank Nifty

46,106.55

-4.09%

INR -4.53 %
USD -5.5 %

NASDAQ 100
17,314.00

2.93%

4.65 %

S&P 500
4,839.81

1.01%

2.04 %

Index Valuation and Earning

Index

P/E Ratio

EPS

Nifty 50

22.8

945.8

Nifty Bank

15.4

2996

Nifty Financial Services

17.3

1189

Nifty IT

29.7

1194.2

Nifty Auto

26.4

706.2

Nifty FMCG

45.6

1226.7

Nifty Healthcare

40.2

272.3

Nifty Pharma

35

492

Nifty Consumer Durables

70.2

450.5

Exchange Rates, Brent Crude & Gold

Closing Price

Weekly Change

USD/INR

83.12

0.3%

EUR/INR

90.73

-0.15%

EUR/USD

1.09

-0.37%

Brent Crude

77.75

-0.72%

Gold (USD/OZ)

2,029.63

-0.95%

Gold (INR/10G)

24 caret

64,250

Delhi

-0.43%

FII and DII Weekly Trading Data

FII

Gross Purchases

75,305.89

Gross Sales

97,732.97

Net Purchases / Sales

22,427.08

DII

Gross Purchases

64,612.01

Gross Sales

53,179.97

Net Purchases / Sales

11,432.04

 

Key Market Updates
  • Nifty 50 top gainers: ONGC (8.35%), Tech Mahindra (5.93%), Apollo Hospitals (5.64%), Bharat Petroleum (5.42%), Coal India (4.64%).
  • ICICI Bank Q3 Results: PAT jumps 24% YoY to Rs 10,272 crore, beats estimates. Its net interest income (NII) increased by 13.4% YoY to Rs 18,678 crore in Q3.
  • Kotak Mahindra Bank Q3 Results: PAT rises 8% YoY to Rs 3,005 crore, but trails estimates.
  • Reliance Q3 Results : Net profit rises 11% to Rs 19,641 crore. Consolidated revenues at Rs 248,160 crore, up 3.2% YoY.
  • Polycab India Q3 results: Net profit up 15% to Rs 416 crore. Net sales for the quarter stood at Rs 4,340.47 crore, up 16.8 percent from a year ago.
  • HUL Q3 Results: PAT rises just 0.6% YoY to Rs 2,519 crore, trails estimate. Revenue from operations fell 0.3% YoY to Rs 15,188 crore.
Startup, M&A Deals
  • Fintech startup FinAGG Technologies raised $11 million from Tata Capital, Blue Orchard, SIDBI, Prime Venture Partners, and Gray Matter Capital.
  • Wow! Momo Foods raised $49 million from Khazanah Nasional Berhad and OAKS Asset Management.
  • EV startup ALT Mobility raised $6 million from Shell Ventures, Eurazeo, EV2 Ventures, Twynam, UC Inclusive, Piper Serica, Pitchright, and LetsVenture.
  • Aquaculture technology startup AquaExchange raised $6 million from Ocean 14 Capital, Endiya Partners, and Accion Venture Labs.
  • Manufacturing automation startup Groyyo raised $5.4 million from Lighthouse Canton and Trifecta Capital.

Checkout the last week’s Market trends here: Market Recap (January 13, 2023)

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