Top news and market movers this week: 13 Sep’2024

Top news

Shares of Gala Precision Engineering got listed at a premium of 42% over its issue price of Rs 529 per share, Shares of Shree Tirupati Balajee Agro Trading Company got listed at a premium of 12% over the issue price of Rs. 83 per share. Bajaj Housing Finance got oversubscribed by 67.43 times. Tolins Tyres got oversubscribed by 25.03 times. Kross got oversubscribed by 17.66 times and P N Gadgil Jewellers got oversubscribed by 59.41 times.

Axis AMC has launched the NFO for Axis Crisil Ibx Aaa Nbfc Index Jun 2027 Growth . The NFO closes on 23 September

India’s foreign exchange reserves (Forex) increased to USD 689.24 billion for the week ending September, 2024.

Axis AMC has launched the NFO for Axis Crisil Ibx Aaa Nbfc Index Jun 2027 Growth . The NFO closes on 23 September

India’s foreign exchange reserves (Forex) increased to USD 689.24 billion for the week ending September, 2024.

Index Returns

Index	1W	1Y	3Y	P/E	P/B
NIFTY 50	2.0%	26.3%	13.4%	23.6	4.1
NIFTY NEXT 50	1.3%	65.2%	20.7%	26.8	4.7
S&P BSE SENSEX	2.1%	22.9%	17.9%	24.3	4.2
S&P BSE SmallCap	2.1%	53.2%	35.2%	36.3	4.2
S&P BSE MidCap	1.5%	53.2%	26.9%	33.6	4.5
NASDAQ 100	5.9%	28.4%	12.7%	42.0	3.8
S&P 500	4.0%	26.4%	10.4%	29.4	5.0

Best Performers

Mutual Funds	1W	1Y	3Y
Invesco India Invesco EQQQ Nasdaq 100 ETF FoF	5.5%	27.9%	NA
ICICI Prudential Nasdaq 100 Index	5.5%	28.5%	NA
Navi Nasdaq 100 FoF	5.5%	29.0%	NA
Franklin India Feeder Franklin US Opportunities	5.1%	32.7%	5.4%
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF	5.0%	25.5%	NA

ELSS Tax Saving Funds	1W	1Y	3Y
Motilal Oswal ELSS Tax Saver	4.4%	68.2%	27.2%
ITI ELSS Tax Saver	2.9%	57.4%	22.1%
Invesco India ELSS Tax Saver	2.7%	45.2%	18.7%
Baroda BNP Paribas ELSS Tax Saver	2.7%	45.4%	18.9%
Union ELSS Tax Saver	2.5%	35.4%	18.5%

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
Linde India	10.6%	36.0%	71.5%
Suzlon Energy	9.4%	264.5%	91.0%
Oracle Financial Services Software	8.8%	185.9%	19.3%
Jindal Steel & Power	8.5%	50.3%	58.7%
Bajaj Auto	8.1%	143.5%	32.2%

Worst Performers

Mutual Funds	1W	1Y	3Y
Tata Nifty200 Alpha 30 Index	-1.5%	NA	NA
HSBC Brazil	-1.3%	-1.2%	0.9%
Quant PSU	-1.0%	NA	NA
Edelweiss US Value Equity Off Shore	-0.8%	17.6%	10.7%
Axis Greater China Equity FoF	-0.7%	-3.6%	-9.3%

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
Vodafone Idea	-11.1%	27.7%	20.9%
Oil India	-10.6%	235.2%	46.0%
Power Finance Corp	-10.5%	120.7%	47.1%
REC	-10.0%	128.6%	42.7%
Petronet Lng	-8.8%	42.7%	9.1%

Bought and Sold

Most Bought MF	1W	1Y	3Y
Parag Parikh Flexi Cap	0.5%	37.2%	18.8%
UTI Nifty 50 Index	2.0%	27.5%	14.6%
Motilal Oswal Midcap	3.7%	70.7%	39.4%
ICICI Prudential Bharat 22 FoF	0.8%	55.6%	39.5%
Quant Small Cap	-0.4%	57.1%	32.8%

Most sold MF	1W	1Y	3Y
Quant Active	0.9%	41.1%	23.2%
Kotak Equity Arbitrage	0.1%	8.5%	6.9%
Aditya Birla Sun Life PSU Equity	-2.0%	70.5%	40.9%
Sundaram Mid Cap	2.3%	56.3%	26.9%
PGIM India Flexi Cap	2.0%	31.2%	13.2%

Most Watchlisted

Mutual Fund Watchlist	1W	1Y	3Y
Axis Nifty 50 Index	2.0%	27.4%	NA
Axis Small Cap	1.5%	41.2%	24.4%
UTI Nifty Next 50 Index	2.0%	65.6%	21.2%
Motilal Oswal Midcap	3.7%	70.7%	39.4%
Parag Parikh Flexi Cap	0.5%	37.2%	18.8%

Stocks Watchlist	1W	1Y	5Y
Suzlon Energy	9.4%	264.5%	91.0%
Indian Railway Finance Corporation	-3.6%	102.0%	NA
Tata Motors	-7.2%	59.8%	54.2%
Bharat Heavy Electricals	-3.4%	110.4%	38.7%
Bharat Electronics	-0.2%	116.1%	51.6%

US Stocks Watchlist	1W	1Y	5Y
NVIDIA Corporation	15.8%	171.3%	92.0%
Taiwan Semiconductor Manufact..	3.2%	69.7%	30.9%
Meta Platforms	4.9%	74.7%	22.9%
Super Micro Computer	18.3%	83.4%	88.6%
Amazon	8.8%	32.8%	15.2%

Data Source: NSE, BSE & Kuvera.in

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This market update was initially published by Livemint.
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