Top news
Security Exchange Board of India (SEBI) will soon introduce an industry-wide stress test for equity mutual funds.
India’s foreign exchange reserves (Forex) increased to USD 674.66 billion for the week ending August 16, 2024.
Indian Finance Ministry projects real GDP growth of 6.5-7% for FY25.
Shares of Saraswati Saree Depot got listed at a premium of 21% over the issue price of Rs 160, The Rs 160.01-crore IPO has an offer for sale of 0.65 crore fresh shares worth Rs 104 crore and an offer for sale of 0.35 crore shares worth Rs 56.02 crore. Saraswati Saree Depot has set the price band of its IPO at Rs 152 to Rs 160 for each share.
Interarch Building Products got oversubscribed by 93.79 times. The IPO of Interarch Building Products was offered at a price band of Rs 850-900 per share. It opened for subscription on August 19, 2024, and the bidding closed on August 21, 2024. Although the IPO offered 4,653,341 shares, it received bidding for 43,87,55,568 shares.
Orient Technologies got oversubscribed by 154.84 times.The Rs 214.76-crore issue comprises a fresh issue of 58 lakh shares for Rs 120 crore and an offer for sale of 46 lakh shares for Rs 94.8 crore.
Franklin AMC, Tata AMC, Bandhan AMC, Nippon AMC, ITI AMC, Baroda BNP Paribas AMC, PGIM AMC and Axis AMC has launched the NFO for Franklin India Ultra Short Duration Fund, Tata Nifty200 Alpha 30 Fund, Bandhan BSE Healthcare Fund, Nippon India Nifty 500 Equal Weight Fund, ITI Large & Mid Cap Fund, Baroda BNP Paribas Dividend Yield Fund, PGIM India Multi Cap Fund, and Axis Consumption Fund respectively
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 1.2% | 27.7% | 14.6% | 23.1 | 4.2 |
| NIFTY NEXT 50 | 2.0% | 67.8% | 23.5% | 26.5 | 5.6 |
| S&P BSE SENSEX | 0.8% | 23.9% | 17.9% | 23.8 | 4.1 |
| S&P BSE SmallCap | 3.4% | 54.4% | 35.2% | 35.6 | 4.1 |
| S&P BSE MidCap | 2.0% | 56.2% | 26.9% | 33.0 | 4.4 |
| NASDAQ 100 | 1.1% | 31.98% | 12.7% | 40.4 | 3.7 |
| S&P 500 | 1.5% | 27.9% | 10.4% | 29.4 | 5.1 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Focused Growth | 6.2% | 40.9% | 17.2% |
| Motilal Oswal Balance Advantage | 5.7% | 27.6% | 15.8% |
| Quant Healthcare Growth | 5.3% | 66.7% | NA |
| Motilal Oswal Multi Asset Growth | 4.9% | 18.3% | 11.5% |
| ABSL Nifty Smallcap 50 Index Growth | 4.4% | 64.4% | 23.3% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Samco ELSS Tax Saver | 3.1% | 31.9% | NA |
| JM ELSS Tax Saver | 2.7% | 54.1% | 26.5% |
| Groww ELSS Tax Saver | 2.5% | 43.6% | 19.6% |
| ITI ELSS Tax Saver | 2.4% | 58.6% | 24.4% |
| Whiteoak Capital ELSS Tax Saver | 2.2% | 43.9% | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| FSN E-Commerce | 19.8% | 67.9% | NA |
| Interglobe Aviation | 11.9% | 90.5% | 21.5% |
| Dixon Technologies | 11.4% | 165.7% | 94.7% |
| L&T Technology | 11.1% | 25.4% | 29.2% |
| Mphasis | 10.3% | 26.6% | 27.9% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| HDFC Nifty Realty Index Growth | -2.9% | NA | NA |
| Tata Nifty Realty Index Growth | -2.9% | NA | NA |
| Motilal Oswal Nifty India Defence Index Growth | -0.8% | NA | NA |
| Bharat Bond ETF FoF April 2033 Growth | -0.3% | 8.8% | NA |
| HSBC Brazil Growth Direct | -0.2% | 3.4% | 1.6% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Hindustan Zinc | -10.1% | 62.4% | 26.8% |
| Macrotech Developers | -9.6% | 66.9% | NA |
| Adani Energy | -4.3% | 87.2% | 112.5% |
| ONGC | -2.8% | 81.0% | 25.5% |
| Max Healthcare | -2.0% | 49.8% | NA |
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 2.7% | 40.5% | 20.9% |
| Motilal Oswal Midcap | 1.4% | 70.4% | 40.5% |
| Kotak Equity Arbitrage | 0.2% | 8.6% | 6.8% |
| ICICI Prudential Value Discovery | 2.2% | 44.4% | 28.0% |
| JM Flexicap | 2.1% | 63.6% | 32.8% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| HDFC Arbitrage Wholesale | 0.2% | 8.3% | 6.4% |
| Mirae Asset Focused | 1.3% | 22.9% | 12.4% |
| Motilal Oswal Nasdaq 100 FoF | 0.2% | 32.2% | 12.7% |
| Tata Digital India | 0.9% | 47.1% | 15.4% |
| PGIM India Midcap Opportunities | 1.8% | 35.7% | 19.7% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Nifty 50 Index | 1.2% | 28.7% | NA |
| Axis Small Cap | 2.2% | 41.2% | 26.7% |
| UTI Nifty Next 50 Index | 2.0% | 68.2% | 24.3% |
| Motilal Oswal Midcap | 1.4% | 70.4% | 40.5% |
| Parag Parikh Flexi Cap | 2.8% | 40.5% | 20.9% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| 2.4% | 283.3% | NA | |
| Suzlon Energy | 2.7% | 278.1% | 82.0% |
| Tata Motors | 2.2% | 75.0% | 57.6% |
| Bharat Heavy Electricals | 2.1% | 166.7% | 44.0% |
| Bharat Electronics | 4.2% | 129.6% | 59.2% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| NVIDIA Corporation | 3.8% | 181.1% | 99.9% |
| Super Micro Computer | -2.5% | 141.5% | 99.5% |
| -2.1% | 73.8% | 35.9% | |
| Meta Platforms | 0.1% | 84.9% | 24.4% |
| Amazon | 0.0% | 32.9% | 15.1% |
Data Source: NSE, BSE & Kuvera.in
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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully.
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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