Top news and market movers this week: 16 Feb’ 2024

Top news

Shares of Apeejay Surrendra Park Hotels got listed at a premium of 20% over issue price of Rs 155 while IPO of Entero Healthcare Solutions and Vibhor Steel Tubes got over subscribed by 1.53 and 320.05 times respectively

Kotak AMC, Union AMC, Edelweiss AMC, Baroda BNP Paribas AMC, Mirae AMC and Canara AMC have launched the NFOs for Kotak Technology Growth Fund, Union Business Cycle Growth Fund, Edelweiss Technology Growth Fund, Baroda BNP Paribas Innovation Growth Fund, Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF, Canara Robeco Manufacturing Growth Fund.

The Finance ministry approved an 8.25% rate of interest on EPF accounts for the Financial year 2023-24.

Index Returns

Index	1W	1Y	3Y	P/E	P/B
NIFTY 50	0.6%	22.2%	12.9%	22.8	3.9
NIFTY NEXT 50	0.7%	51.5%	18.7%	25.4	4.7
S&P BSE SENSEX	0.5%	18.1%	17.9%	24.8	3.7
S&P BSE SmallCap	0.7%	62.4%	35.2%	32.1	3.5
S&P BSE MidCap	0.8%	60.6%	26.9%	27.7	3.6
NASDAQ 100	-1.5%	43.1%	8.6%	26.3	3.0
S&P 500	-0.4%	22.7%	8.3%	27.2	4.7

Best Performers

Mutual Funds	1W	1Y	3Y
Nippon India Taiwan Equity	4.5%	50.4%	NA
IPRU Nifty Auto Index	4.3%	54.7%	NA
HDFC Transportation & Logistics	3.6%	NA	NA
UTI Transportation & Logistics	3.3%	52.3%	23.9%
ABSL Transportation & Logistics	2.8%	NA	NA

ELSS Tax Saving Funds	1W	1Y	3Y
HDFC ELSS Tax Saver	2.1%	41.1%	24.4%
NJ ELSS Tax Saver Scheme	2.1%	NA	NA
Kotak ELSS Tax Saver	2.0%	32.1%	20.1%
Franklin India ELSS Tax Saver	1.9%	41.5%	21.4%
Parag Parikh ELSS Tax Saver	1.8%	34.4%	23.8%

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
Bosch	12.0%	58.7%	9.3%
Oil India	11.8%	131.4%	27.2%
Zydus Lifesciences	11.3%	90.1%	23.2%
Wipro	11.1%	33.3%	14.0%
Oracle Financial Services Software	9.5%	150.2%	16.9%

Worst Performers

Mutual Funds	1W	1Y	3Y
Quant Commodities	-2.3%	NA	NA
Taurus Infrastructure	-1.5%	52.8%	24.8%
DSP World Gold	-1.4%	-8.2%	-6.3%
IPRU FMCG	-1.1%	13.6%	18.3%
Motilal Oswal Focused	-0.9%	23.4%	9.6%

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
Hindalco	-14.2%	18.8%	22.6%
Bharat Forge	-11.6%	35.7%	19.3%
Rail Vikas Nigam	-10.7%	255.8%	NA
NHPC	-8.5%	127.9%	31.3%
Steel Authority of India	-8.3%	51.5%	23.2%

Bought and Sold

Most Bought MF	1W	1Y	3Y
Parag Parikh Flexi Cap	0.7%	41.3%	22.9%
Quant Small Cap	0.3%	68.3%	46.7%
Quant Flexi Cap	0.2%	58.4%	36.4%
UTI Nifty 50 Index	1.2%	23.3%	14.0%
Quant Mid Cap	0.7%	60.4%	40.7%

Most sold MF	1W	1Y	3Y
Axis Bluechip	0.8%	20.9%	9.4%
Mirae Asset Large Cap	0.7%	20.2%	12.7%
Axis Focused 25	0.5%	23.5%	6.2%
SBI Gold	-1.1%	8.9%	8.4%
Axis ELSS Tax Saver	0.4%	27.4%	8.8%

Most Watchlisted

Mutual Fund Watchlist	1W	1Y	3Y
Motilal Oswal Midcap	2.5%	52.3%	34.1%
Axis Small Cap	0.2%	41.3%	29.4%
IPRU Bluechip	1.2%	34.9%	19.3%
IPRU Value Discovery	0.8%	39.7%	26.6%
Bandhan Small Cap	0.2%	72.3%	32.1%

Stocks Watchlist	1W	1Y	5Y
Suzlon Energy	-0.4%	420.6%	70.4%
Indian Railway Finance Corp	-2.2%	421.6%	NA
Tata Motors	2.0%	111.3%	42.0%
Tata Power Co	-0.7%	83.3%	41.4%
REC	-2.0%	308.9%	42.9%

US Stocks Watchlist	1W	1Y	5Y
NVIDIA Corporation	0.7%	238.5%	79.3%
Meta Platforms	1.1%	173.8%	23.8%
Amazon.com	-2.8%	74.4%	16.1%
Netflix, Inc.	4.0%	67.8%	10.3%
Microsoft Corporation	-3.9%	56.6%	31.5%

Data Source: NSE, BSE & Kuvera.in

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This market update was initially published by Livemint.
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