{"id":31900,"date":"2024-08-16T15:51:18","date_gmt":"2024-08-16T10:21:18","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=31900"},"modified":"2024-08-17T09:00:23","modified_gmt":"2024-08-17T03:30:23","slug":"top-news-and-market-movers-this-week-16-aug2024","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/top-news-and-market-movers-this-week-16-aug2024\/","title":{"rendered":"Top news and market movers this week: 16 Aug\u20192024"},"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_31881' class='owl-carousel sa_owl_theme owl-pagination-true autohide-arrows' data-slider-id='slider_31881' style='visibility:hidden;'>\n<div id='slider_31881_slide01' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(255, 242, 204); '><p><span style=\"font-weight: 400\">The cash reserves of mutual funds increased by \u20b919,000 crore, reaching a total of \u20b91.71 lakh crore in the month of July 2024.<\/span><\/p><\/div>\n<div id='slider_31881_slide02' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(217, 234, 211); '><p><span style=\"font-weight: 400\">Shares of <\/span><a href=\"https:\/\/kuvera.in\/stocks\/ceigall-india-ltd\"><span style=\"font-weight: 400\">Ceigall India<\/span><\/a><span style=\"font-weight: 400\"> got listed at a premium of 4.49% over the issue price of Rs 401, Share of <\/span><a href=\"https:\/\/kuvera.in\/stocks\/brainbees-solutions-ltd\"><span style=\"font-weight: 400\">Brainbees Solutions <\/span><\/a><span style=\"font-weight: 400\">got listed at a premium of 40% over the issue price of Rs. 465 and Share of <\/span><span style=\"font-weight: 400\"><br \/><\/span><a href=\"https:\/\/kuvera.in\/stocks\/unicommerce-esolutions-ltd\"><span style=\"font-weight: 400\">Unicommerce eSolutions<\/span><\/a><span style=\"font-weight: 400\"> got listed at a premium of 117.59% over the issue price of Rs.108<\/span><span style=\"font-weight: 400\"><br \/><\/span><span style=\"font-weight: 400\">Saraswati Saree Depot Limited\u00a0 got oversubscribed by 107.39 times.<\/span><span style=\"font-weight: 400\"><br \/><\/span><\/p><\/div>\n<div id='slider_31881_slide03' class='sa_hover_container' style='padding:5% 5%; margin:0px 0%; background-color:rgb(217, 210, 233); '><p><span style=\"font-weight: 400\">DSP AMC has launched the NFO for <\/span><a href=\"https:\/\/kuvera.in\/mutual-funds\/fund\/dsp-nifty-top-10-equal-weight-index-growth--DS915-GR\"><span style=\"font-weight: 400\">DSP Nifty Top 10 Equal Weight<\/span><\/a><span style=\"font-weight: 400\"> Fund<\/span> <span style=\"font-weight: 400\">and<\/span> <span style=\"font-weight: 400\">The NFO closes on 30th August 2024.<\/span><\/p><\/div>\n<\/div>\n<\/div>\n<script 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.sa_hover_container').css('min-height', slide_height+'px');\n\t\t}\n\t\tvar owl_goto = jQuery('#slider_31881');\n\t\tjQuery('.slider_31881_goto1').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 0);\n\t\t});\n\t\tjQuery('.slider_31881_goto2').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 1);\n\t\t});\n\t\tjQuery('.slider_31881_goto3').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 2);\n\t\t});\n\t\tvar resize_31881 = jQuery('.owl-carousel');\n\t\tresize_31881.on('initialized.owl.carousel', function(e) {\n\t\t\tif (typeof(Event) === 'function') {\n\t\t\t\twindow.dispatchEvent(new Event('resize'));\n\t\t\t} else {\n\t\t\t\tvar evt = window.document.createEvent('UIEvents');\n\t\t\t\tevt.initUIEvent('resize', true, false, window, 0);\n\t\t\t\twindow.dispatchEvent(evt);\n\t\t\t}\n\t\t});\n\t});\n<\/script>\n\n<\/div>\n<h4 class=\"null\">Index Returns<\/h4>\n<p>[table id=4091\/]<\/p>\n<h4 class=\"null\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-31933 aligncenter\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/08\/Index-performance-17May24-300x169.jpg\" alt=\"\" width=\"938\" height=\"528\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/08\/Index-performance-17May24-300x169.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/08\/Index-performance-17May24-1024x576.jpg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/08\/Index-performance-17May24-768x432.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/08\/Index-performance-17May24-1536x865.jpg 1536w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/08\/Index-performance-17May24-2048x1153.jpg 2048w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/08\/Index-performance-17May24-150x84.jpg 150w\" sizes=\"auto, (max-width: 938px) 100vw, 938px\" \/><\/h4>\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=4092\/]<\/p>\n<p>[table id=4093\/]<\/p>\n<p>[table id=4094\/]<\/p>\n<h4><strong><br \/>\nWorst Performers<\/strong><\/h4>\n<p>[table id=4095\/]<\/p>\n<p>[table id=4096\/]<strong>Bought and Sold<\/strong><\/p>\n<p>[table id=4097\/]<\/p>\n<p>[table id=4098\/]<\/p>\n<h4><strong><br \/>\nMost Watchlisted\u00a0<\/strong><\/h4>\n<p>[table id=4099\/]<\/p>\n<p>[table id=4100\/]<\/p>\n<p>[table id=4101\/]<\/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<div class=\"jetpack-video-wrapper\"><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><\/div>\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=4091\/] Best Performers [table id=4092\/] [table id=4093\/] [table id=4094\/] Worst Performers [table id=4095\/] [table id=4096\/]Bought and Sold [table id=4097\/] [table id=4098\/] Most Watchlisted\u00a0 [table id=4099\/] [table id=4100\/] [table id=4101\/] Data Source: NSE, BSE &amp; Kuvera.in Interested in how we think about the markets? Read more:\u00a0Zen And The Art Of Investing [&#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-16-aug2024\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":31935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[391],"tags":[392,69,242,280,281,388,397,390],"class_list":["post-31900","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 v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Top news and market movers this week: 16 Aug\u20192024 - Kuvera<\/title>\n<meta name=\"description\" content=\"Key market data in one place. 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