Top news and market movers this week: 13 Oct’ 2023

Top news

As per the data released by Central Board of Direct Taxes, India’s direct tax collections surged by 17.95 % to Rs 11.07 lakh crore between 01/April and 9/Oct on an annual basis

Shares of Valiant Laboratories and Plaza Wires got listed at a premium of 15.8% and 56% over issue price of Rs 140 and Rs 54 respectively

SIP inflows jumped 23% on Y-o-Y basis to hit an all time high of Rs 16,042 crore in September 2023 compared to inflows of Rs 12,976 crore in September 2022

Open ended equity mutual funds witnessed inflows of Rs 14,091 crore in September 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 47.50 Lakh crore

As per the data released by Central Board of Direct Taxes, India’s direct tax collections surged by 17.95 % to Rs 11.07 lakh crore between 01/April and 9/Oct on an annual basis

Shares of Valiant Laboratories and Plaza Wires got listed at a premium of 15.8% and 56% over issue price of Rs 140 and Rs 54 respectively

SIP inflows jumped 23% on Y-o-Y basis to hit an all time high of Rs 16,042 crore in September 2023 compared to inflows of Rs 12,976 crore in September 2022

Open ended equity mutual funds witnessed inflows of Rs 14,091 crore in September 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 47.50 Lakh crore

Index Returns

Index	1W	1Y	3Y	P/E	P/B
NIFTY 50	0.5%	16.1%	65.5%	22.3	3.5
NIFTY NEXT 50	0.8%	9.3%	66.6%	24.9	3.7
S&P BSE SENSEX	0.4%	15.8%	63.2%	22.8	3.5
S&P BSE SmallCap	1.1%	16.1%	189.2%	25.7	3.1
S&P BSE MidCap	0.7%	30.6%	120.5%	22.0	3.1
NASDAQ 100	-0.2%	29.9%	7.4%	22.4	3.9
S&P 500	0.5%	20.8%	7.0%	24.7	4.1

Best Performers

Mutual Funds	1W	1Y	3Y
HSBC Brazil	6.0%	-2.1%	4.7%
DSP World Gold	5.4%	18.1%	-9.0%
Edelweiss US Technology Equity	5.1%	49.8%	7.2%
DSP World Energy	5.1%	16.0%	12.1%
Axis Global Innovation	4.6%	27.5%	NA

ELSS Tax Saving Funds	1W	1Y	3Y
Motilal Oswal Long Term Equity	1.3%	29.5%	27.2%
Parag Parikh Tax Saver	1.2%	21.6%	23.9%
JM Tax Gain	0.9%	26.5%	25.9%
IPRU Long Term Equity	0.9%	18.7%	24.3%
Nippon India Tax Saver	0.9%	22.7%	27.4%

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
One97 Communications	8.7%	37.5%	NA
InterGlobe Aviation	8.3%	36.9%	26.4%
IRCTC	7.1%	0.1%	NA
Vedanta	6.9%	-20.2%	11.4%
Bajaj Finserv	6.2%	-3.9%	23.5%

Worst Performers

Mutual Funds	1W	1Y	3Y
ITI Banking and Financial Services	-0.6%	19.5%	NA
HDFC Technology	-0.8%	NA	NA
Axis Nifty IT Index	-1.7%	NA	NA
IPRU Nifty IT Index	-1.7%	17.1%	NA
Bandhan Nifty IT Index	-1.7%	NA	NA

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
Vodafone Idea	-6.0%	21.7%	-10.9%
Adani Green Energy	-5.1%	-55.0%	95.3%
Tube Investments of India	-4.2%	8.0%	60.9%
CG Power & Industrial Solutions	-4.1%	80.6%	59.5%
Marico	-4.0%	2.2%	13.4%

Bought and Sold

Most Bought MF	1W	1Y	3Y
Parag Parikh Flexi Cap	2.3%	26.2%	23.8%
UTI Nifty 50 Index	0.5%	17.0%	19.4%
Quant Small Cap	0.4%	41.4%	47.2%
IPRU Nifty Bank Index	-0.2%	15.2%	NA
Quant Mid Cap	2.0%	32.0%	40.8%

Most sold MF	1W	1Y	3Y
UTI Flexi Cap	0.0%	10.5%	17.3%
Mirae Asset Focused	-0.3%	15.6%	20.1%
IPRU Nifty Pharma Index	0.7%	NA	NA
IPRU Global Advantage	1.8%	21.2%	3.1%
Axis Bluechip	0.7%	11.8%	15.0%

Most Watchlisted

Mutual Fund Watchlist	1W	1Y	3Y
Motilal Oswal Midcap	1.5%	25.7%	38.7%
Axis Small Cap	0.9%	26.4%	34.6%
IPRU Bluechip	1.4%	21.6%	24.0%
IPRU Value Discovery	1.5%	27.8%	30.7%
Bandhan Sterling Value	-0.1%	25.3%	37.2%

Stocks Watchlist	1W	1Y	5Y
Tata Motors	7.7%	68.3%	28.4%
Tata Steel	-0.2%	24.3%	19.2%
Suzlon Energy	-9.2%	285.8%	38.6%
IDFC First Bank	-1.9%	63.7%	20.0%
ITC	2.8%	35.8%	12.8%

US Stocks Watchlist	1W	1Y	5Y
NVIDIA	-0.7%	304.9%	49.3%
Netflix	-6.8%	54.6%	0.9%
Microsoft Corporation	0.1%	43.4%	25.8%
Alphabet	-0.2%	42.3%	19.6%
Apple	0.8%	29.3%	27.4%

Data Source: NSE, BSE & Kuvera.in

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This market update was initially published by Livemint.
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