Market Recap: Weekly Update
(January 6, 2024)
YTD refers the Returns from January 1, 2024 till January 6, 2024
Weekly Change | YTD | |
Nifty | -0.09% | INR -0.09% |
Sensex 72,026.15 | -0.3% | INR -0.3% |
Bank Nifty | -0.28% | INR -0.28% |
NASDAQ 100 | -3.53% | -3.53% |
S&P 500 | -1.79% | -1.79% |
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 | 83.19 | -0.07% |
EUR/INR | 91.16 | -1.07% |
EUR/USD | 1.1 | -0.27 |
Brent Crude | 78 | 1.19% |
Gold (USD/OZ) | 2045.85 | -0.82% |
Gold (INR/10G) 24 caret | 64,520 Delhi | -1.67% |
FII and DII Weekly Trading Data
FII
Gross Purchases | 48,156.61 |
Gross Sales | 44,866.38 |
Net Purchases / Sales | 3,290.23 |
DII
Gross Purchases | 47,911.02 |
Gross Sales | 55,207.52 |
Net Purchases / Sales | 7,296.50 |
Key Market Updates
- Nifty 50 top gainers: Adani Ports & SEZ (12.68%), ONGC (5.56%), Adani Enterprises (5.53%), Bajaj Finance(5.23%), Tata Consumer Products (3.33%).
- Kay Cee Energy & Infra stock lists at 366% premium to IPO price on NSE SME.
- The SME IPO of Kaushalya Logistics was subscribed 390 times at close.
- India’s services sector growth surges to three-month high, cost inflation hits 40-month low.
- Nifty Realty Index gained by 98% in 2023.
- Inflation in the euro zone climbed to 2.9% in December, up from 2.4% fueling rate-cut debates.
Startup, M&A Deals
- Dairy brand Country Delight raised $20 million from Temasek, Seviora Capital and Venturi Partners.
- Wiz Freight raised $11.24 million from SBI Investments, Tiger Global, Nippon Express Fund, and Axilor Technologies Fund.
- Captain Fresh raised $13.25 million from Nekkanti Sea Foods and Shakti Finvest.
- Food and beverage chain VRO Hospitality raised $10 million from Axis Bank, Gruhas, UC Inclusive Credit, NB Ventures and angel investors.
- Ansa Folding Carton acquires majority stake in Rich Printers for Rs117 crore.
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Cover Image Source: Freepik
