Top news and market movers this week: 22 Mar’2024

Top news

SEBI instructs AMCs to cease accepting new investments in funds targeting investment in overseas ETFs effective April 1, 2024, citing concerns that the industry may soon surpass the $1 billion limit.

IPO of Krystal Integrated Services got over subscribed by 13.49 times.

SEBI in a circular launched beta version of T+0 settlement cycle on an optional basis in the equity cash market, for a limited set of 25 scrips with a limited number of brokers. This option will be available for trades done only till 1.30 pm starting from Mar 28, 2024.

SEBI instructs AMCs to cease accepting new investments in funds targeting investment in overseas ETFs effective April 1, 2024, citing concerns that the industry may soon surpass the $1 billion limit.

IPO of Krystal Integrated Services got over subscribed by 13.49 times.

SEBI instructs AMCs to cease accepting new investments in funds targeting investment in overseas ETFs effective April 1, 2024, citing concerns that the industry may soon surpass the $1 billion limit.

Index Returns

Index	1W	1Y	3Y	P/E	P/B
NIFTY 50	0.3%	28.8%	14.4%	22.8	3.9
NIFTY NEXT 50	2.0%	55.9%	20.1%	23.5	4.0
S&P BSE SENSEX	0.3%	25.1%	17.9%	24.8	3.7
S&P BSE SmallCap	1.8%	57.4%	35.2%	30.6	3.3
S&P BSE MidCap	1.4%	61.4%	26.9%	27.1	3.5
NASDAQ 100	3.0%	43.7%	12.7%	29.2	3.3
S&P 500	2.3%	31.8%	10.4%	28.4	4.9

Best Performers

Mutual Funds	1W	1Y	3Y
ICICI Prudential Nifty Auto Index	4.2%	72.1%	NA
HDFC Transportation & Logistics	4.2%	NA	NA
Bandhan Infrastructure	4.2%	71.7%	34.0%
ABSL Nasdaq 100 FoF	4.0%	46.2%	NA
Kotak Nasdaq 100 FoF	4.0%	49.2%	18.2%

ELSS Tax Saving Funds	1W	1Y	3Y
Motilal Oswal ELSS Tax Saver	2.6%	52.0%	23.5%
Axis ELSS Tax Saver	2.4%	37.8%	11.1%
HSBC ELSS Tax Saver	2.0%	39.0%	17.5%
WOC ELSS Tax Saver	1.8%	45.9%	NA
Kotak ELSS Tax Saver	1.8%	38.6%	21.6%

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
CG Power & Industrial Solutions	14.6%	80.9%	61.6%
Solar Industries India	14.5%	139.7%	52.1%
Zomato	14.0%	228.7%	NA
Macrotech Developers	13.0%	171.9%	NA
Torrent Power	12.2%	147.3%	38.40%

Worst Performers

Mutual Funds	1W	1Y	3Y
ICICI Prudential Nifty IT Index	-6.2%	26.5%	NA
Bandhan Nifty IT Index	-6.2%	NA	NA
Axis Nifty IT Index	-6.2%	NA	NA
HDFC Technology	-3.7%	NA	NA
Kotak Technology	-2.8%	NA	NA

Stocks (Market cap > Rs 50k Cr)	1W	1Y	5Y
Infosys	-8.7%	8.5%	18.0%
HCL Technologies	-7.2%	43.7%	27.5%
Tata Consultancy Services	-7.1%	25.9%	16.4%
MRF	-6.4%	56.8%	18.4%
Tata Consumer Products	-6.3%	60.2%	42.1%

Bought and Sold

Most Bought MF	1W	1Y	3Y
Parag Parikh Flexi Cap	0.5%	41.4%	22.8%
Quant Small Cap	1.3%	66.5%	42.1%
UTI Nifty 50 Index	0.3%	30.0%	15.5%
Quant Mid Cap	1.1%	66.3%	37.3%
Quant Infrastructure	0.7%	72.5%	41.9%

Most sold MF	1W	1Y	3Y
Kotak Nasdaq 100 FoF	2.6%	49.2%	18.2%
Parag Parikh Conservative Hybrid	0.2%	17.9%	NA
PGIM India Midcap Opportunities	0.9%	28.0%	21.3%
UTI Flexi Cap	0.5%	22.9%	8.9%
Parag Parikh Arbitrage	0.2%	NA	NA

Most Watchlisted

Mutual Fund Watchlist	1W	1Y	3Y
Motilal Oswal Midcap	1.2%	57.3%	34.7%
Axis Small Cap	1.8%	40.1%	27.0%
IPRU Bluechip	1.2%	41.7%	21.1%
IPRU Value Discovery	-0.3%	44.2%	27.1%
Bandhan Small Cap	2.5%	68.6%	30.2%

Stocks Watchlist	1W	1Y	5Y
Tata Motors	1.3%	137.5%	39.3%
Suzlon Energy	-4.4%	378.9%	41.8%
Indian Railway Finance Corp	0.5%	425.9%	NA
Tata Power	1.6%	93.1%	40.1%
Adani Power	-1.3%	165.9%	60.3%

US Stocks Watchlist	1W	1Y	5Y
Super Micro Computer	-9.0%	777.7%	116.0%
NVIDIA Corporation	7.4%	252.1%	84.3%
Meta Platforms	5.3%	147.4%	25.4%
Netflix, Inc.	3.7%	91.2%	11.7%
Amazon.com	2.6%	82.3%	15.2%

Data Source: NSE, BSE & Kuvera.in

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This market update was initially published by Livemint.
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