Top news
Highlights of Interim budget speech given by FM Nirmala Sitharaman -
- Lowered down FY25 fiscal deficit target to 5.1% of the GDP
- Direct tax collections have more than tripled over the last ten years, with the number of return filers at 2.4 times
- Average monthly gross GST collection has doubled to Rs.1.66 lakh crore in FY24
- Inflation has moderated and is within the target band (2%-6%)
UPI recorded an all-time high of Rs 18.41 trillion in January 2024 reporting an 1% jump in volume from the previous month.
Shares of Nova Agritech got listed at a premium of 36% over issue price of Rs 41 while IPO of BLS E-Services got oversubscribed by 82.61 times.
Quant AMC has launched the NFO for Quant PSU Fund. The NFO closes on February 15.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 2.4% | 24.1% | 15.2% | 22.5 | 3.8 |
| NIFTY NEXT 50 | 3.0% | 45.4% | 19.6% | 23.1 | 4.0 |
| S&P BSE SENSEX | 2.0% | 20.3% | 17.9% | 24.6 | 3.7 |
| S&P BSE SmallCap | 3.4% | 63.8% | 35.2% | 33.2 | 3.5 |
| S&P BSE MidCap | 3.1% | 59.2% | 26.9% | 27.6 | 3.6 |
| NASDAQ 100 | 1.3% | 40.3% | 10.0% | 26.9 | 3.0 |
| S&P 500 | 1.4% | 19.9% | 9.5% | 26.9 | 4.7 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Infrastructure | 9.3% | 66.9% | 46.4% |
| SBI PSU | 8.7% | 93.0% | 45.2% |
| ABSL PSU Equity | 8.3% | 92.8% | 48.3% |
| IPRU PSU Equity | 8.3% | 83.8% | NA |
| 8.0% | 83.2% | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant ELSS Tax Saver | 4.6% | 55.0% | 36.1% |
| SBI Long Term Equity | 4.3% | 53.4% | 26.0% |
| Taurus Taxshield | 4.3% | 37.9% | 20.2% |
| BOI ELSS Tax Saver | 3.8% | 48.5% | 25.9% |
| Parag Parikh ELSS Tax Saver | 3.2% | 32.0% | 24.0% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Indian Overseas Bank | 22.7% | 106.4% | 19.3% |
| UCO Bank | 22.7% | 76.4% | 19.70% |
| SJVN | 22.2% | 329.8% | 40.8% |
| NHPC | 20.8% | 137.4% | 31.70% |
| Punjab National Bank | 20.0% | 149.3% | 8.3% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Greater China Equity FoF | -4.8% | -26.3% | NA |
| Edelweiss Greater China Equity Off Sh.. | -4.0% | -25.2% | -18.4% |
| -3.2% | -13.4% | NA | |
| Axis Nasdaq 100 FoF | -2.3% | 43.1% | NA |
| Kotak Nasdaq 100 FoF | -2.3% | 44.6% | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Tube Investments of India | -8.6% | 39.3% | 62.5% |
| The Fertilizers & Chemicals Travancore | -7.5% | 186.5% | 84.7% |
| Aurobindo Pharma | -7.3% | 158.5% | 6.5% |
| Cholamandalam Investment and Finance | -6.7% | 54.8% | 36.5% |
| SBI Cards And Payment Services | -6.4% | -3.9% | NA |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 1.9% | 38.6% | 24.3% |
| Quant Small Cap | 4.7% | 69.9% | 50.1% |
| UTI Nifty 50 Index | 2.3% | 25.2% | 15.4% |
| Edelweiss Arbitrage | 0.2% | 8.3% | 6.1% |
| ABSL PSU Equity | 8.3% | 99.0% | 48.5% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Bluechip | 1.6% | 23.4% | 10.9% |
| Axis ELSS Tax Saver | 1.5% | 28.5% | 10.7% |
| Kotak Nifty 50 Index | 2.3% | 25.0% | NA |
| Axis Mid Cap | 1.5% | 34.1% | 20.5% |
| HSBC Equity Saving | 1.1% | 21.0% | 12.6% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | 0.7% | 47.5% | 35.6% |
| Axis Small Cap | 2.6% | 42.1% | 31.7% |
| IPRU Bluechip | 2.6% | 35.3% | 20.5% |
| IPRU Value Discovery | 2.0% | 38.1% | 28.6% |
| Bandhan Small Cap | 4.1% | 73.2% | 34.7% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Suzlon Energy | 14.2% | 428.2% | 60.5% |
| Tata Motors | 8.2% | 96.7% | 37.4% |
| Indian Railway Finance Corp | -2.8% | 436.4% | NA |
| Tata Power Co | 6.8% | 89.4% | 41.0% |
| REC | 5.7% | 323.1% | 42.7% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| NVIDIA Corporation | 8.4% | 213.6% | 79.0% |
| Meta Platforms | 20.5% | 154.7% | 23.4% |
| Amazon.com | 8.0% | 66.2% | 16.1% |
| Microsoft Corporation | 1.8% | 59.2% | 33.3% |
| Netflix, Inc. | -1.0% | 54.3% | 10.7% |
Data Source: NSE, BSE & Kuvera.in
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This market update was initially published by Livemint.
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