Top news and market movers this week: 02 Feb’ 2024

Top news

Index Returns

NIFTY 502.4%24.1%15.2%22.53.8
NIFTY NEXT 503.0%45.4%19.6%23.14.0
S&P BSE SENSEX2.0%20.3%17.9%24.63.7
S&P BSE SmallCap3.4%63.8%35.2%33.23.5
S&P BSE MidCap3.1%59.2%26.9%27.63.6
NASDAQ 1001.3%40.3%10.0%26.93.0
S&P 5001.4%19.9%9.5%26.94.7

Best Performers

Mutual Funds1W1Y3Y
Quant Infrastructure9.3%66.9%46.4%
SBI PSU8.7%93.0%45.2%
ABSL PSU Equity8.3%92.8%48.3%
IPRU PSU Equity8.3%83.8%NA
ELSS Tax Saving Funds1W1Y3Y
Quant ELSS Tax Saver4.6%55.0%36.1%
SBI Long Term Equity4.3%53.4%26.0%
Taurus Taxshield4.3%37.9%20.2%
BOI ELSS Tax Saver3.8%48.5%25.9%
Parag Parikh ELSS Tax Saver3.2%32.0%24.0%
Stocks (Market cap > Rs 50k Cr)1W1Y5Y
Indian Overseas Bank22.7%106.4%19.3%
UCO Bank22.7%76.4%19.70%
Punjab National Bank20.0%149.3%8.3%

Worst Performers

Mutual Funds1W1Y3Y
Axis Greater China Equity FoF-4.8%-26.3%NA
Edelweiss Greater China Equity Off Sh..-4.0%-25.2%-18.4%
Axis Nasdaq 100 FoF-2.3%43.1%NA
Kotak Nasdaq 100 FoF-2.3%44.6%NA
Stocks (Market cap > Rs 50k Cr)1W1Y5Y
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 MF1W1Y3Y
Parag Parikh Flexi Cap1.9%38.6%24.3%
Quant Small Cap4.7%69.9%50.1%
UTI Nifty 50 Index2.3%25.2%15.4%
Edelweiss Arbitrage0.2%8.3%6.1%
ABSL PSU Equity8.3%99.0%48.5%
Most sold MF1W1Y3Y
Axis Bluechip1.6%23.4%10.9%
Axis ELSS Tax Saver1.5%28.5%10.7%
Kotak Nifty 50 Index2.3%25.0%NA
Axis Mid Cap1.5%34.1%20.5%
HSBC Equity Saving1.1%21.0%12.6%

Most Watchlisted 

Mutual Fund Watchlist
Motilal Oswal Midcap0.7%47.5%35.6%
Axis Small Cap2.6%42.1%31.7%
IPRU Bluechip 2.6%35.3%20.5%
IPRU Value Discovery2.0%38.1%28.6%
Bandhan Small Cap4.1%73.2%34.7%
Stocks Watchlist
Suzlon Energy 14.2%428.2%60.5%
Tata Motors8.2%96.7%37.4%
Indian Railway Finance Corp-2.8%436.4%NA
Tata Power Co6.8%89.4%41.0%
US Stocks Watchlist
NVIDIA Corporation8.4%213.6%79.0%
Meta Platforms20.5%154.7%23.4%
Microsoft Corporation1.8%59.2%33.3%
Netflix, Inc.-1.0%54.3%10.7%

Data Source: NSE, BSE &

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Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
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The securities quoted are for illustration only and are not recommendatory.

This market update was initially published by Livemint.
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