{"id":24087,"date":"2023-05-27T10:19:36","date_gmt":"2023-05-27T04:49:36","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=24087"},"modified":"2023-05-27T10:29:31","modified_gmt":"2023-05-27T04:59:31","slug":"top-news-and-market-movers-this-week-26-may-2023","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/top-news-and-market-movers-this-week-26-may-2023\/","title":{"rendered":"Top news and market movers this week: 26 May\u2019 2023"},"content":{"rendered":"<h4 class=\"null\">Top news<\/h4>\n<div id=\"sa_slider_shortcode\">\n<div class='white' style='background:rgba(0,0,0,0); border:solid 0px rgba(0,0,0,0); border-radius:0px; padding:0px 0px 0px 0px;'>\n<div id='slider_24086' class='owl-carousel sa_owl_theme owl-pagination-true autohide-arrows' data-slider-id='slider_24086' style='visibility:hidden;'>\n<div id='slider_24086_slide01' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(217, 234, 211); '><p><span style=\"font-weight: 400\">SEBI has extended the timeline to August 18 for KRAs to independently validate KYC records.In case of discrepancies, KYC shall be put on hold &amp; rectified documents to be provided by intermediaries.<br \/><\/span><\/p><\/div>\n<div id='slider_24086_slide02' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(208, 224, 227); '><p><span style=\"font-weight: 400\">RBI has announced the withdrawal of Rs 2,000 currency notes from circulation, with the exchange facility open from May 23, 2023, to September 30, 2023. The currency note would remain legal tender.<\/span><span style=\"font-weight: 400\"><br \/><\/span><\/p><\/div>\n<div id='slider_24086_slide03' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(217, 210, 233); '><p><a href=\"https:\/\/app.kuvera.in\/mutual-funds\/all?amc=UTIMUTUALFUND_MF\"><span style=\"font-weight: 400\">UTI MF<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/amc\/kotak\"><span style=\"font-weight: 400\">Kotak Mahindra MF<\/span><\/a><span style=\"font-weight: 400\"> have launched the NFOs for <\/span><a href=\"https:\/\/app.kuvera.in\/mutual-funds\/fund\/uti-s-p-bse-housing-index-growth--UTSBG1-GR\"><span style=\"font-weight: 400\">UTI S&amp;P BSE Housing Index Fund<\/span><\/a><span style=\"font-weight: 400\">, <\/span><a href=\"https:\/\/app.kuvera.in\/mutual-funds\/fund\/uti-nifty-50-equal-weight-index-growth--UTNWG1-GR\"><span style=\"font-weight: 400\">UTI Nifty 50 Equal Weight Index Fund<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/app.kuvera.in\/mutual-funds\/fund\/kotak-nifty-200-momentum-30-index-growth--KO295D-GR\"><span style=\"font-weight: 400\">Kotak Nifty 200 Momentum 30 Index Fund<\/span><\/a><span style=\"font-weight: 400\">. The NFOs close on June 5 and June 8 respectively.<\/span><\/p><\/div>\n<\/div>\n<\/div>\n<script type='text\/javascript'>\n\tjQuery(document).ready(function() {\n\t\tjQuery('#slider_24086').owlCarousel({\n\t\t\titems : 1,\n\t\t\tsmartSpeed : 200,\n\t\t\tautoplay : true,\n\t\t\tautoplayTimeout : 5000,\n\t\t\tautoplayHoverPause : true,\n\t\t\tsmartSpeed : 200,\n\t\t\tfluidSpeed : 200,\n\t\t\tautoplaySpeed : 200,\n\t\t\tnavSpeed : 200,\n\t\t\tdotsSpeed : 200,\n\t\t\tloop : true,\n\t\t\tnav : true,\n\t\t\tnavText : ['Previous','Next'],\n\t\t\tdots : true,\n\t\t\tresponsiveRefreshRate : 200,\n\t\t\tslideBy : 1,\n\t\t\tmergeFit : true,\n\t\t\tautoHeight : true,\n\t\t\tmouseDrag : true,\n\t\t\ttouchDrag : true\n\t\t});\n\t\tjQuery('#slider_24086').css('visibility', 'visible');\n\t\tsa_resize_slider_24086();\n\t\twindow.addEventListener('resize', sa_resize_slider_24086);\n\t\tfunction sa_resize_slider_24086() {\n\t\t\tvar min_height = '20';\n\t\t\tvar win_width = 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class=\"null\">Index Returns<\/h4>\n<p>[table id=2791 \/]<\/p>\n<h4 class=\"null\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-24120 aligncenter\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-26May23-300x169.jpg\" alt=\"\" width=\"1224\" height=\"690\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-26May23-300x169.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-26May23-1024x578.jpg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-26May23-768x433.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-26May23-1536x867.jpg 1536w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-26May23-2048x1155.jpg 2048w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/05\/Index-performance-26May23-150x85.jpg 150w\" sizes=\"auto, (max-width: 1224px) 100vw, 1224px\" \/><\/h4>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/app.kuvera.in\/tax-harvesting\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9296 size-full\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2021\/12\/Tax-havesting-P2.png\" alt=\"\" width=\"652\" height=\"164\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2021\/12\/Tax-havesting-P2.png 652w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2021\/12\/Tax-havesting-P2-300x75.png 300w\" sizes=\"auto, (max-width: 652px) 100vw, 652px\" \/><\/a><\/p>\n<h4><strong><br \/>\nBest Performers<\/strong><\/h4>\n<p>[table id=2792 \/]<\/p>\n<p>[table id=2793 \/]<\/p>\n<p>[table id=2794 \/]<\/p>\n<h4><strong><br \/>\nWorst Performers<\/strong><\/h4>\n<p>[table id=2795 \/]<\/p>\n<p>[table id=2796 \/]<\/p>\n<h4><strong><br \/>\nBought and Sold<\/strong><\/h4>\n<p>[table id=2797 \/]<\/p>\n<p>[table id=2798 \/]<\/p>\n<h4><strong><br \/>\nMost Watchlisted\u00a0<\/strong><\/h4>\n<p>[table id=2799 \/]<\/p>\n<p>[table id=2800 \/]<\/p>\n<p>[table id=2801 \/]<\/p>\n<p>Data Source: NSE, BSE &amp; <a href=\"https:\/\/app.kuvera.in\/\">Kuvera.in<\/a><\/p>\n<h4>Interested in how we think about the markets?<\/h4>\n<p>Read more:\u00a0<a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Zen And The Art Of Investing<\/strong><\/a><\/p>\n<p>Watch\/hear on YouTube:<\/p>\n<p><iframe loading=\"lazy\" title=\"Kuvera Insights\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/videoseries?list=PLDSzQdT9nLmCysU31bg4Ngh7WY2p3UiiI\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit\u00a0<a href=\"https:\/\/www.kuvera.in\/\"><strong>kuvera.in<\/strong><\/a>\u00a0to discover\u00a0<a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\"><strong>Direct Plans<\/strong><\/a>\u00a0and\u00a0<strong><a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a> <\/strong>and <a href=\"https:\/\/kuvera.in\/user\/login\"><strong>start investing today.<\/strong><\/a><\/p>\n<blockquote><p>Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully.<br \/>\nRegistration 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.<br \/>\nInvestment in the securities is subject to market risks. Read all the related documents carefully before investing.<br \/>\nThe securities quoted are for illustration only and are not recommendatory.<\/p><\/blockquote>\n<p>This market update was initially published by <strong>Livemint<\/strong>.<br \/>\n#MutualFundSahiHai, #KuveraSabseSahiHai!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Top news Index Returns [table id=2791 \/] &nbsp; Best Performers [table id=2792 \/] [table id=2793 \/] [table id=2794 \/] Worst Performers [table id=2795 \/] [table id=2796 \/] Bought and Sold [table id=2797 \/] [table id=2798 \/] Most Watchlisted\u00a0 [table id=2799 \/] [table id=2800 \/] [table id=2801 \/] Data Source: NSE, BSE &amp; Kuvera.in Interested in [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/top-news-and-market-movers-this-week-26-may-2023\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":24122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[391],"tags":[392,69,242,280,281,388,397,390],"class_list":["post-24087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-check-what-happened-in-different-markets-in-one-place","tag-best-performing-mutual-funds","tag-elss","tag-equity-mutual-funds","tag-most-bought","tag-most-sold","tag-stocks","tag-us-stocks","tag-watchlist"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Top news and market movers this week: 26 May\u2019 2023 - Kuvera<\/title>\n<meta name=\"description\" content=\"Key market data in one place. 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