Top news and market movers this week: 18 Aug’ 2023

Top news

According to data released on Monday, wholesale inflation in India fell 1.36 percent year on year in July after falling 4.12 percent in June.

Shares of Concord Biotech got listed at a premium of 21.5% over issue price of ₹741 while the shares of SBFC Finance got listed at a premium of 44% over issue price of ₹57.

NJ MF, Union MF, Bandhan MF and Shriram MF have launched the NFOs for NJ Flexi Cap Growth Fund, Union Innovation Opp Growth Fund, Bandhan Nifty IT Index Fund and Shriram Multi Asset Allocation Growth Fund.

SEBI, in a circular, lowered the exit option timeframe offered to unit holders in the event of a change in control of AMC from 30 to 15 days.

As per the data released by Central Board of Direct Taxes, India’s direct tax collections surged by 15.73% to Rs 6.53 lakh crore as of Aug 10, 2023

According to data released on Monday, wholesale inflation in India fell 1.36 percent year on year in July after falling 4.12 percent in June.

Shares of Concord Biotech got listed at a premium of 21.5% over issue price of ₹741 while the shares of SBFC Finance got listed at a premium of 44% over issue price of ₹57.

SEBI, in a circular, lowered the exit option timeframe offered to unit holders in the event of a change in control of AMC from 30 to 15 days.

As per the data released by Central Board of Direct Taxes, India’s direct tax collections surged by 15.73% to Rs 6.53 lakh crore as of Aug 10, 2023

According to data released on Monday, wholesale inflation in India fell 1.36 percent year on year in July after falling 4.12 percent in June.

Index Returns

Index	1W	1Y	3Y	P/E	P/B
NIFTY 50	-0.6%	7.5%	19.7%	22.3	4.6
NIFTY NEXT 50	-2.0%	0.2%	16.9%	24.8	4.4
S&P BSE SENSEX	-0.6%	7.7%	19.5%	23.7	3.5
S&P BSE SmallCap	1.1%	16.1%	36.2%	28.9	2.9
S&P BSE MidCap	-0.5%	16.7%	27.8%	23.9	3.1
NASDAQ 100	-2.6%	4.6%	9.2%	23.3	4.1
S&P 500	-2.1%	3.3%	8.9%	25.0	4.2

Best Performers

Mutual Funds	1W	1Y	3Y
HSBC Brazil	20.6%	3.5%	3.8%
HDFC Small Cap	11.0%	37.2%	41.5%
DSP World Energy	10.9%	7.7%	12.5%
ICICI Prudential Long Term	10.3%	10.3%	22.9%
ITI Small Cap	10.3%	26.8%	26.1%

ELSS Tax Saving Funds	1W	1Y	3Y
Shriram Long Term Equity	0.6%	8.8%	16.7%
Motilal Oswal Long Term Equity	0.1%	17.6%	25.3%
Kotak Tax Saver	-0.2%	15.1%	25.4%
Tata India Tax Saving	-0.2%	13.9%	24.1%
HSBC ELSS	-0.2%	12.3%	20.2%

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
Indian Overseas Bank	17.1%	77.6%	15.3%
Supreme Industries	13.0%	121.4%	30.2%
Varun Beverages	9.9%	73.3%	50.9%
REC	8.3%	196.6%	28.4%
Adani Power	8.1%	-19.9%	55.9%

Worst Performers

Mutual Funds	1W	1Y	3Y
DSP World Gold	-5.8%	12.8%	-10.7%
Franklin India Feeder Franklin US Opp	1.7%	4.6%	4.3%
LIC MF Healthcare	1.8%	12.3%	9.6%
Tata Quant	1.8%	16.4%	16.7%
UTI Healthcare	2.0%	23.9%	14.7%

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
Info Edge (India)	-9.9%	-6.6%	23.3%
Bajaj Holdings & Investment	-6.8%	27.7%	20.2%
IPRU Life Insurance Company	-6.6%	-7.4%	6.9%
Hindalco Industries	-6.3%	0.2%	15.5%
Tube Investments of India	-5.5%	24.7%	59.5%

Bought and Sold

Most Bought MF	1W	1Y	3Y
Parag Parikh Flexi Cap	-0.9%	14.5%	24.1%
Quant Small Cap	-0.3%	36.9%	49.1%
UTI Nifty 50 Index	-0.6%	8.4%	20.4%
Invesco India Arbitrage	0.2%	7.9%	5.6%
HDFC Small Cap	0.3%	36.9%	41.2%

Most sold MF	1W	1Y	3Y
Axis Bluechip	-0.8%	1.6%	14.8%
Motilal Oswal Flexi Cap	-1.7%	8.8%	13.2%
ICICI Prudential Commodities	-2.1%	19.3%	40.1%
Axis Focused 25	-1.7%	-3.7%	12.8%
Axis Long Term Equity	-1.8%	0.0%	14.8%

Most Watchlisted

Mutual Fund Watchlist	1W	1Y	3Y
Motilal Oswal Midcap	-1.5%	20.7%	36.2%
Axis Small Cap	-0.3%	20.1%	35.2%
IPRU Bluechip	-0.6%	13.8%	23.6%
IPRU Value Discovery	-0.6%	20.4%	29.7%
Bandhan Sterling Value	-0.6%	20.0%	37.5%

Stocks Watchlist	1W	1Y	5Y
Union Bank Of India	5.2%	130.8%	2.7%
Tata Steel	-0.4%	26.9%	17.3%
IDFC First Bank	1.6%	93.4%	13.7%
Tata Motors	-0.4%	26.9%	17.3%
ITC	-2.2%	41.3%	9.4%

US Stocks Watchlist	1W	1Y	5Y
Provention Bio	2.2%	396.6%	49.1%
NVIDIA Corporation	6.0%	142.6%	48.3%
Netflix	-4.1%	67.7%	5.0%
Microsoft Corporation	-1.4%	10.6%	25.5%
Alphabet	-1.6%	8.7%	16.0%

Data Source: NSE, BSE & Kuvera.in

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This market update was initially published by Livemint.
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