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Up to July 2024, the Government of India has collected a revenue of ₹10,23,406 crore which is 31.9% of Budget Estimates for FY 2024-25. The receipts consist of ₹7,15,224 crore under tax revenue, ₹3,01,796 crore under non-tax revenue, and ₹6,386 crore under non-debt capital receipts.
Shares of Orient Technologies got listed at a premium of 39.80% over the issue price of Rs 206.
Premier Energies Limited got oversubscribed by 75.00 times. ECOS (India) Mobility & Hospitality Limited got oversubscribed by 64.18 times and Baazar Style Retail Limited got oversubscribed by 0.73 times.
Kotak AMC and Whiteoak AMC have launched the NFO for Kotak Crisil Ibx Aaa Financial Services Index Sep 2027 Fund and Whiteoak Capital Arbitrage The NFO closes on 11 September 24 and 3 September 24 respectively
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 1.7% | 30.4% | 14.7% | 23.47 | 4.26 |
| NIFTY NEXT 50 | 1.2% | 68.3% | 22.9% | 26.79 | 5.12 |
| S&P BSE SENSEX | 1.6% | 26.6% | 17.9% | 24.16 | 4.17 |
| S&P BSE SmallCap | 0.6% | 52.0% | 35.2% | 35.69 | 4.15 |
| S&P BSE MidCap | 1.5% | 57.2% | 26.9% | 33.48 | 4.45 |
| NASDAQ 100 | -0.7% | 26.36% | 12.7% | 41.4 | 3.8 |
| S&P 500 | 0.2% | 25.1% | 10.4% | 29.5 | 5.1 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Kotak Nifty Financial Services Ex-Bank... | 4.3% | 36.1% | NA |
| Axis Nifty IT Index | 4.1% | 39.7% | NA |
| Bandhan Nifty IT Index | 4.1% | NA | NA |
| Nippon India Nifty IT Index | 4.1% | NA | NA |
| ICICI Prudential Nifty IT Index | 4.1% | 39.5% | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Quantum ELSS Tax Saver | 2.4% | 45.6% | 20.3% |
| DSP ELSS Tax Saver Growth | 2.4% | 49.8% | 22.9% |
| UTI ELSS Tax Saver | 2.1% | 38.5% | 16.4% |
| Axis ELSS Tax Saver | 2.1% | 38.1% | 10.8% |
| HDFC ELSS Tax Saver | 2.0% | 47.9% | 26.8% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Sundaram Finance | 14.4% | 94.5% | 27.5% |
| Bharti Hexacom | 11.8% | NA | NA |
| Bajaj Auto | 9.9% | 133.5% | 31.6% |
| Bajaj Finserv | 9.7% | 18.6% | 20.6% |
| Oil India | 8.8% | 300.7% | 49.9% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| HSBC Brazil Growth Direct | -2.6% | -0.6% | -0.7% |
| Motilal Oswal Nifty India Defence Index Growth | -2.2% | NA | NA |
| Motilal Oswal NASDAQ 100 ETF* | -2.04% | 29.60% | 12.30% |
| PGIM India Emerging Markets Equity | -1.6% | 23.9% | -8.40% |
| SBI International Access US Equity FoF | -1.3% | 32.4% | 12.8% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Ola Electric Mobility | -10.2% | NA | NA |
| Zydus Lifesciences | -6.8% | 78.5% | 38.7% |
| Adani Energy Solutions | -6.5% | 17.5% | 33.7% |
| Adani Power | -6.2% | 90.0% | 61.6% |
| -6.1% | NA | NA |
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 0.4% | 40.0% | 20.4% |
| Motilal Oswal Midcap | 0.4% | 69.7% | 40.1% |
| UTI Nifty 50 Index | 1.7% | 31.6% | 15.3% |
| Bandhan Small Cap | 1.1% | 76.2% | 31.1% |
| Quant Flexi Cap | 0.2% | 58.4% | 28.1% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| SBI Focused Equity | 0.3% | 29.5% | 15.0% |
| Mirae Asset Large Cap | 1.7% | 31.3% | 15.0% |
| PGIM India Midcap Opportunities | 1.2% | 35.7% | 18.8% |
| SBI Small Cap | 0.4% | 39.4% | 26.3% |
| Mirae Asset Arbitrage | 0.0% | 8.4% | 6.5% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Nifty 50 Index | 1.7% | 31.1% | NA |
| Axis Small Cap | 0.7% | 40.3% | 25.2% |
| UTI Nifty Next 50 Index | 1.2% | 68.7% | 23.0% |
| Motilal Oswal Midcap | 1.1% | 69.7% | 40.1% |
| Parag Parikh Flexi Cap | 0.4% | 40.0% | 20.4% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| -1.6% | 260.9% | NA | |
| Suzlon Energy | -2.2% | 207.7% | 86.6% |
| Tata Motors | 4.0% | 83.0% | 57.6% |
| Bharat Heavy Electricals | -3.0% | 153.4% | 41.9% |
| Tata Steel | -0.9% | 27.8% | 35.4% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| NVIDIA Corporation | -7.7% | 140.2% | 95.0% |
| Taiwan Semiconductor Manufact.. | -0.5% | 81.4% | 32.2% |
| Meta Platforms | -1.3% | 75.8% | 22.8% |
| Super Micro Computer | -28.6% | 73.7% | 89.7% |
| Amazon | 0.8% | 32.0% | 15.0% |
Data Source: NSE, BSE & Kuvera.in
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This market update was initially published by Livemint.
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