Monthly Equities Report – 30 Jun 2021
The month gone by was that of a consolidation as the benchmark indices Nifty50 gained a marginal 0.89% and Sensex gained 1.09% in the month. Even though record-high were made, the gains could not sustain for long as the resistance at higher levels was tested multiple times.
Among the sectors, Nifty IT(7.57%) gained the most with a distant second for PSU bank(3.81%) whereas private banks(-2.15%) and finserv(-1.32%) indices lost traction.
In CNX500, IOB(66.5%) and ECLERX(53.8%) gained the most alongside other 8 stocks that had a 40-50% uptick over the month while ADANITRANS(-28%) and ATGL(-24.4%) were the top losers.
In Nifty50, IBULHSGFIN(16.8%) and INFY(12.5%) gained the most whereas ADANIPORTS(-9.3%) and M&M(-8%) were the top losers.
In the deliverables chart, KNRCON(19.6x) and IOB(16.2x) was lapped up the most by investors followed by CENTRALBK(10.7x) which has gained 48% over the month.
In the capital market segment, FIIs sold a net of Rs.26cr in the month whereas DIIs continued their buying streak for the fourth straight month with a net purchase of Rs.7043cr worth of shares.