Market Recap: Weekly Update
(November 25, 2023)
YTD refers the Returns from January 1, 2023 till November 24, 2023
Weekly Change | YTD | |
Nifty 19,794.70 | 0.32% | INR 9.33% |
Sensex | 0.42% | INR 8.43 % |
Bank Nifty | 0.5% | INR 1.82% |
NASDAQ 100 | 1.13% | 47.13% |
S&P 500 | 1.1% | 19.23 % |
Index Valuation and Earning
Index | P/E Ratio | EPS |
Nifty 50 | 21.2 | 935.9 |
Nifty Bank | 15 | 2916 |
Nifty Financial Services | 17 | 1155.3 |
Nifty IT | 27 | 1187.7 |
Nifty Auto | 24 | 711.2 |
Nifty FMCG | 42.8 | 1227.9 |
Nifty Healthcare | 36.8 | 273.9 |
Nifty Pharma | 32.1 | 496.6 |
Nifty Consumer Durables | 64.2 | 451.3 |
Exchange Rates, Brent Crude & Gold
Closing Price | Weekly Change | |
USD/INR | 83.31 | 0.02% |
EUR/INR | 91.23 | 0.03% |
EUR/USD | 1.094 | 0.4% |
Brent Crude | 80.44 | -0.19% |
Gold (USD/OZ) | 2002.33 | 1.11% |
Gold (INR/10G) 24 caret | 63,320 Delhi | 0.47% |
FII and DII Weekly Trading Data
FII
Gross Purchases | 43,541.73 |
Gross Sales | 42,068.86 |
Net Purchases / Sales | 1,472.87 |
DII
Gross Purchases | 31,883.23 |
Gross Sales | 29,770.85 |
Net Purchases / Sales | 2,112.38 |
Key Market Updates
- Nifty 50 top Gainers: Hero MotoCorp (6.41%), Bajaj Auto (5.31%), Bharat Petroleum (5.21%), Divi’s Lab (4.55%), Bharti Airtel (2.73%).
- Tata Technologies IPO closes with subscription of nearly 70x and bids worth ₹1.56 lakh crore.
- Gandhar Oil Refinery IPO Final Day: Issue subscribed 64.07 times.
- Mamaearth Q2 Results: Honasa Consumers net profit doubles to ₹30 crore in first results post listing, revenue up 21%.
- ESAF SFB Q2 results: Net profit jumps 145% to Rs 140 crore.
Startup, M&A Deals
- Fintech startup Kiwi raised $13 million from Omidyar Network India, Nexus Venture Partners, and Stellaris Venture Partners.
- EV startup Baaz Bikes raised $8 million from BIG Capital, Rakuten Capital, Kalaari Capital, 9Unicorns, and Sumant Sinha.
- Purple Style Labs (PSL), the parent company of Pernia’s Pop-Up Shop, raised $8 million in a Series D funding round led by Sanket Parekh of the Pidilite Family Office.
- Scapia, a fintech firm, raised $23 million in a Series A funding round led by Elevation Capital and 3STATE Ventures.
- Fortis sells Chennai hospital to MGM Healthcare for Rs 128 crore.
Checkout the last week’s Market trends here: Market Recap (November 18, 2023)
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Cover Image Source: Freepik
