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SEBI has extended the timeline for KRAs to complete validation /verification of existing KYC records based on OVDs other than Aadhaar on or before March 31, 2024, failing which such deficient records shall be put on ‘HOLD’ and treated as invalid and the investors shall not be allowed to transact in the securities market by the intermediaries.
UPI recorded an all-time high of 118 billion transactions in the year 2023 reporting a 60% jump in volume from the previous year.
India’s foreign exchange reserves (Forex) increased by $2.76 billion to touch $623.2 Billion for the week ending December 29, 2023.
Tata MF, Quant MF and Sundaram MF have launched the NFOs for Tata Gold ETF FoF, Tata Silver ETF FoF, Quant Consumption Fund and Sundaram Multi Asset Allocation Fund. The NFOs closes on 16th, 18th and 19th January 2024 respectively.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | -0.1% | 20.7% | 15.4% | 23.2 | 3.8 |
| NIFTY NEXT 50 | 1.8% | 28.8% | 17.7% | 26.1 | 4.4 |
| S&P BSE SENSEX | -0.3% | 19.3% | 17.9% | 25.5 | 3.7 |
| S&P BSE SmallCap | 2.7% | 51.1% | 35.2% | 32.7 | 3.4 |
| S&P BSE MidCap | 2.4% | 48.7% | 26.9% | 26.8 | 3.5 |
| NASDAQ 100 | -3.1% | 47.7% | 8.7% | 25.0 | 5.0 |
| S&P 500 | -1.5% | 20.6% | 8.3% | 26.0 | 4.4 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Healthcare | 4.3% | NA | NA |
| Motilal Oswal Nifty Microcap 250 Index | 4.0% | NA | NA |
| 3.5% | 29.0% | 13.2% | |
| SBI Healthcare Opportunities | 3.4% | 43.3% | 17.3% |
| IPRU Pharma Healthcare & Diagnostics | 3.3% | 47.3% | 17.0% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal ELSS Tax Saver | 2.5% | 42.5% | 24.3% |
| ITI ELSS Tax Saver | 1.9% | 42.3% | 20.3% |
| Taurus Taxshield | 1.9% | 32.4% | 18.8% |
| SBI Long Term Equity | 1.8% | 42.9% | 25.7% |
| JM ELSS Tax Saver | 1.8% | 35.0% | 21.3% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Vodafone Idea | 29.1% | 119.2% | -8.9% |
| Indus Towers | 19.4% | 19.9% | -1.3% |
| Prestige Estates Projects | 15.5% | 186.5% | 40.7% |
| Yes Bank | 15.1% | 12.4% | -34.1% |
| Adani Transmission | 13.8% | -53.7% | 38.1% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Edelweiss US Technology Equity FoF | -6.1% | 54.4% | 3.5% |
| -5.3% | 16.1% | -10.5% | |
| -5.1% | 7.4% | NA | |
| Mirae Asset Hang Seng Tech ETF FoF | -5.0% | -16.5% | NA |
| DSP World Gold | -4.6% | -2.6% | -6.0% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Varun Beverages | -4.2% | 86.9% | 58.4% |
| Zomato | -2.9% | 105.7% | NA |
| Polycab India | -2.4% | 110.8% | NA |
| JSW Energy | -2.0% | 44.1% | 46.0% |
| Power Finance Corp | -1.6% | 247.3% | 44.4% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 0.1% | 38.1% | 23.6% |
| Quant Small Cap | 2.7% | 50.6% | 46.3% |
| UTI Nifty 50 Index | -0.1% | 21.7% | 16.3% |
| Quant Flexi Cap | 1.9% | 34.1% | 32.7% |
| HDFC Index Nifty 50 | -0.1% | 21.7% | 16.3% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Sundaram Mid Cap | 2.0% | 44.5% | 27.3% |
| -3.9% | 33.8% | 4.6% | |
| ABSL Flexi Cap | 0.9% | 28.7% | 17.8% |
| -0.1% | 7.4% | NA | |
| Axis Focused 25 | 0.5% | 21.4% | 8.0% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | 2.2% | 47.3% | 36.3% |
| Axis Small Cap | 0.9% | 37.0% | 30.6% |
| IPRU Bluechip | 0.1% | 28.5% | 20.7% |
| IPRU Value Discovery | 0.7% | 33.1% | 27.9% |
| Bandhan Small Cap | 2.5% | 60.1% | 32.3% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Tata Motors | 4.9% | 105.1% | 34.3% |
| Suzlon Energy | 6.4% | 290.4% | 51.4% |
| Tata Steel | -3.3% | 15.5% | 22.4% |
| REC | 5.9% | 255.4% | 43.3% |
| Tata Power Co | 3.3% | 63.7% | 33.8% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| NVIDIA Corporation | -0.9% | 230.4% | 70.7% |
| Meta Platforms | -0.6% | 170.7% | 20.6% |
| Tesla | -4.4% | 110.1% | 62.1% |
| Amazon.com | -4.4% | 68.7% | 13.0% |
| Microsoft Corporation | -2.2% | 63.5% | 30.6% |
Data Source: NSE, BSE & Kuvera.in
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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.
Investment in the securities is subject to market risks. Read all the related documents carefully before investing.
The securities quoted are for illustration only and are not recommendatory.
This market update was initially published by Livemint.
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