Top news
Axis Bank completed acquisition of Citibank India’s consumer business on March 1 for Rs 11,603 crore. Citibank users can continue utilizing their account as is without any changes to their account number, IFSC/MICR code, debit card, cheque book, fees, and charges.
GST collections stood at Rs 1.49 lakh crore for February 2023, a jump of 12% compared to the same month last year.
IPO of Divgi TorqTransfer Systems got oversubscribed by 5.44 times.
HDFC MF has launched NFOs for HDFC Nifty G Sec Apr 2029 Index Fund and HDFC Nifty G Sec Jun 2036 Index Fund. The NFOs close on March 8 while Navi MF has extended NFO close date for Navi ELSS Tax Saver Nifty 50 Index Fund to March 15.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 0.7% | 6.7% | 16.5% | 20.7 | 4.1 |
| NIFTY NEXT 50 | 1.3% | -5.0% | 12.9% | 4.3 | 2.0 |
| S&P BSE SENSEX | 0.6% | 8.5% | 16.2% | 22.8 | 3.3 |
| S&P BSE SmallCap | 1.0% | 4.2% | 27.0% | 22.6 | 2.6 |
| S&P BSE MidCap | 1.7% | 6.2% | 19.2% | 22.8 | 2.9 |
| NASDAQ 100 | 2.6% | -12.2% | 11.5% | 26.9 | 6.3 |
| S&P 500 | 1.9% | -6.5% | 9.4% | 19.3 | 4.0 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Mirae Asset Hang Seng TECH ETF FoF | 6.0% | -7.3% | NA |
| SBI PSU Fund | 4.9% | 20.0% | 18.5% |
| DSP World Mining Fund | 1.1% | 0.0% | 30.4% |
| DSP World Gold FoF | 2.2% | -11.6% | 5.6% |
| Taurus Largecap Equity Fund | 4.2% | 4.0% | 11.2% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Tax | 2.3% | 11.1% | 38.7% |
| Bank Of India Tax Advantage | 2.0% | 7.6% | 21.2% |
| Nippon India Tax Saver | 1.5% | 9.5% | 17.6% |
| Kotak Tax Saver | 1.3% | 12.4% | 19.3% |
| JM Tax Gain | 1.2% | 8.0% | 17.3% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Adani Enterprises | 35.9% | 14.5% | 52.1% |
| Adani Ports & Special Economic Zone | 24.1% | -3.6% | 8.7% |
| Ambuja Cements | 16.3% | 28.3% | 9.6% |
| Adani Wilmar | 11.8% | 9.5% | NA |
| Canara Bank | 11.5% | 41.2% | 0.4% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Kotak International REIT FOF | -2.7% | -4.6% | NA |
| IPRU Nifty IT Index Fund | -2.3% | NA | NA |
| HSBC Brazil Fund | -2.2% | -5.5% | 9.0% |
| IPRU Technology Fund | -2.0% | -10.1% | 33.9% |
| Tata Digital India Fund | -2.0% | -9.8% | 30.5% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Cipla | -8.5% | -4.8% | 9.3% |
| UPL | -4.7% | 3.0% | 9.4% |
| Infosys | -4.6% | -13.1% | 18.4% |
| Tata Steel | -4.5% | -17.0% | NA |
| Vedanta | -4.5% | -25.3% | 5.9% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 0.8% | 4.8% | 24.0% |
| UTI Nifty 50 Index | 0.7% | 7.7% | 16.9% |
| Quant Small Cap | 2.2% | 15.1% | 53.1% |
| UTI Nifty Next 50 Index | 1.3% | -4.4% | 12.7% |
| Axis Bluechip | 0.1% | -0.9% | 11.0% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Kotak Nasdaq 100 FoF | -1.8% | -8.4% | NA |
| Edelweiss Greater China Equity Off Sh... | 0.1% | -7.2% | 7.1% |
| IPRU Nifty50 Equal Weight... | 0.5% | NA | NA |
| DSP Dynamic Asset Allocation | -0.2% | 4.8% | 8.5% |
| Tata Arbitrage | 0.1% | 5.3% | 5.1% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Small Cap | 0.0% | 8.5% | 24.2% |
| IPRU Infrastructure | 1.6% | 27.1% | 31.1% |
| Quant Mid Cap | 2.5% | 18.1% | 35.9% |
| IPRU Commodities | 1.7% | 12.4% | 44.0% |
| Quant Small Cap | 2.2% | 15.1% | 53.1% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Adani Power | 9.7% | 37.5% | 37.4% |
| ITC | -0.7% | 78.8% | 9.9% |
| Adani Total Gas | -1.3% | -53.2% | NA |
| Adani Enterprises | 35.9% | 14.5% | 52.1% |
| Tata Motors | -1.2% | -4.4% | 2.5% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Amazon | 1.3% | -35.9% | 4.8% |
| Microsoft Corporation | 2.4% | -12.9% | 23.7% |
| Apple | 3.0% | -8.6% | 29.1% |
| Tesla | -3.0% | -31.8% | 54.5% |
| Meta Platforms | 8.7% | -8.7% | 2.7% |
Data Source: NSE, BSE & Kuvera.in
Interested in how we think about the markets?
Read more: Zen And The Art Of Investing
Watch/hear on YouTube:
Start investing through a platform that brings goal planning and investing to your fingertips. Visit kuvera.in to discover Direct Plans and Fixed Deposits and start investing today.
This market update was initially published by Livemint.
#MutualFundSahiHai, #KuveraSabseSahiHai!
