{"id":24236,"date":"2023-06-02T22:50:57","date_gmt":"2023-06-02T17:20:57","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=24236"},"modified":"2023-06-03T10:17:11","modified_gmt":"2023-06-03T04:47:11","slug":"top-news-and-market-movers-this-week-02-june-2023","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/top-news-and-market-movers-this-week-02-june-2023\/","title":{"rendered":"Top news and market movers this week: 02 June\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_24235' class='owl-carousel sa_owl_theme owl-pagination-true autohide-arrows' data-slider-id='slider_24235' style='visibility:hidden;'>\n<div id='slider_24235_slide01' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(234, 209, 220); '><p><span style=\"font-weight: 400\">As per the data released by the National Statistical Office (NSO), GDP in the March quarter grew by 6.1% on a Y-o-Y basis. GDP growth for the FY 22-23 was revised higher to 7.2% from 7% earlier.<\/span><\/p><\/div>\n<div id='slider_24235_slide02' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(207, 226, 243); '><p><span style=\"font-weight: 400\">UPI recorded an all time high of 9.41 billion transactions amounting to Rs 14.3 trillion in May 2023. A jump of nearly 58% in transactions on a Y-o-Y basis<\/span><\/p><\/div>\n<div id='slider_24235_slide03' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(217, 234, 211); '><p><a href=\"https:\/\/app.kuvera.in\/mutual-funds\/all\/iti\"><span style=\"font-weight: 400\">ITI MF<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/amc\/quant\"><span style=\"font-weight: 400\">Quant MF<\/span><\/a><span style=\"font-weight: 400\"> have launched the NFOs for <\/span><a href=\"https:\/\/app.kuvera.in\/mutual-funds\/fund\/iti-focused-equity-growth--ITFEG1-GR\"><span style=\"font-weight: 400\">ITI Focused Equity Growth Fund<\/span><\/a><span style=\"font-weight: 400\">, and <\/span><a href=\"https:\/\/app.kuvera.in\/mutual-funds\/fund\/quant-bfsi-growth--QUBSDG-GR\"><span style=\"font-weight: 400\">Quant BFSI Growth Fund<\/span><\/a><span style=\"font-weight: 400\">. The NFOs close on June 12, and June 14 respectively<\/span><\/p><\/div>\n<\/div>\n<\/div>\n<script type='text\/javascript'>\n\tjQuery(document).ready(function() {\n\t\tjQuery('#slider_24235').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_24235').css('visibility', 'visible');\n\t\tsa_resize_slider_24235();\n\t\twindow.addEventListener('resize', sa_resize_slider_24235);\n\t\tfunction sa_resize_slider_24235() {\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=2811 \/]<\/p>\n<h4 class=\"null\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-24261 aligncenter\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/06\/Index-performance-2Jun23-2-300x171.jpg\" alt=\"\" width=\"763\" height=\"435\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/06\/Index-performance-2Jun23-2-300x171.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/06\/Index-performance-2Jun23-2-1024x584.jpg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/06\/Index-performance-2Jun23-2-768x438.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/06\/Index-performance-2Jun23-2-1536x875.jpg 1536w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/06\/Index-performance-2Jun23-2-2048x1167.jpg 2048w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/06\/Index-performance-2Jun23-2-150x85.jpg 150w\" sizes=\"auto, (max-width: 763px) 100vw, 763px\" \/><\/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=2812 \/]<\/p>\n<p>[table id=2813 \/]<\/p>\n<p>[table id=2814 \/]<\/p>\n<h4><strong><br \/>\nWorst Performers<\/strong><\/h4>\n<p>[table id=2815 \/]<\/p>\n<p>[table id=2816 \/]<\/p>\n<h4><strong><br \/>\nBought and Sold<\/strong><\/h4>\n<p>[table id=2817 \/]<\/p>\n<p>[table id=2818 \/]<\/p>\n<h4><strong><br \/>\nMost Watchlisted\u00a0<\/strong><\/h4>\n<p>[table id=2819 \/]<\/p>\n<p>[table id=2820 \/]<\/p>\n<p>[table id=2821 \/]<\/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=2811 \/] &nbsp; Best Performers [table id=2812 \/] [table id=2813 \/] [table id=2814 \/] Worst Performers [table id=2815 \/] [table id=2816 \/] Bought and Sold [table id=2817 \/] [table id=2818 \/] Most Watchlisted\u00a0 [table id=2819 \/] [table id=2820 \/] [table id=2821 \/] 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-02-june-2023\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":24278,"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-24236","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: 02 June\u2019 2023 - Kuvera<\/title>\n<meta name=\"description\" content=\"Key market data in one place. 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