Weekly Recap | (19 Aug – 23 Aug 2024)

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After a good closing of the last week, The Indian market continued its way to go higher in this. The Nifty 50 index gained over 1% this week and ended the week on a flat note on Friday.

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Overall The Global Markets performed well. It was only China’s SSE Composite Index that turned red. German & French indices were up around 1.70% while the UK’s FTSE 100 only managed to gain by 0.20% and American Markets was up by around 1.40%.

Table of contents

  1. Weekly Summary
  2. Indian Markets
  3. American Markets
  4. European Markets
  5. Asian Markets
  6. Weekly Indian Sectors Performance
  7. Nifty 50 Gainers & Losers

    1. Nifty 50 Gainers
    2. Nifty 50 Losers
  8. Nifty 500 Gainers & Losers

    1. Nifty 500 Gainers
    2. Nifty 500 Losers
  9. FII & DII Activity

1. Weekly Summary

  • Overall Global and Indian Markets gained around 1% & 1.5% except the China Market.
  • China’s SSE Composite Index closed -0.9% below the last week.
  • Nifty’s Metal index performed best among all the indices which closed above 3.3% than last week
  • The Nifty Realty Index continues to be in red. Ended the week with a loss of around 3%.
  • Hindalco became the Nifty 50’s Top gainer this week. (8% gained).
  • While ONGC was the top loser after this losing 3.3% this week.
  • FII continued selling at the beginning of the week but bought shares in the last 2 days of the week.

2. Indian Markets

OpenIndicesClose% Week Change
24,636.35Nifty 5024,823.151.15%
80,680.25Sensex81,086.210.81%
50,685.55Bank Nifty50,933.450.82%
23,062.4Finnifty23,232.151.11%
12,798.85Midcap Select12,961.551.86%

3. American Markets

OpenIndicesClose% Week Change
17,649.74Dow Jones41,175.081.27%
5,557.23S&P 5005,634.611.45%
17,649.74NASDAQ17,877.791.40%

4. European Markets

OpenIndicesClose% Week Change
8,311.41FTSE 100 (UK)8,327.780.20%
7,445.31CAC 40 (France)7,577.041.71%
18,312.51DAX (Germany)18,633.101.70%

5. Asian Markets

OpenIndicesClose% Week Change
17,569.66Hang Seng17,612.111.04%
2877.95Shanghai composite2,854.37-0.87%
37,863.76Nikkei 22538,364.200.79%

 

Indian Sectoral Performance :

The list is shown in order from the top gaining sector to the top losing sectors

 

6. Sectoral Performances

IndicesClose% Week Change
Nifty Metal9,290.503.30%
Consumer Durables40,926.603.16%
PSU Bank7,017.702.54%
Nifty FMCG63,409.251.92%
Nifty Pharma22,527.851.91%
Healthcare14,100.851.59%
Oil and Gas13,140.451.08%
Nifty Auto25,850.700.99%
Private Bank25,502.850.99%
Nifty IT41,089.850.52%
Media2,068.950.45%
Realty1,018.10-2.91%

 

*Note :- Some indices like Nifty Bank and Financial Services are excluded from above table because their performance is mentioned in Indian Markets section.

 

 

7.1 TOP 5 Nifty 50 Gainers

StocksClose% Week Change
Hindalco685.108.0%
SBI Life1,789.305.9%
BPCL352.205.9%
Bajaj Finserv1,639.905.8%
HDFC Life729.005.7%

 

7.2 TOP 5 Nifty 50 Losers

StocksClose% Week Change
ONGC318.90-3.3%
Mahindra and Mahindra2,759.00-2.9%
Tata Motors1,085.15-1.20%
Adani Enterprises3,076.35-1.0%
Wipro512.40-0.80%

 

 

8.1 TOP 5 Nifty 500 Gainers

StocksClose% Week Change
PCBL LTD.500.3523%
Minda Corporation631.1522%
Godfrey Phillips5,402.3519.1%
Angel One2,563.1518.7%
Allcargo logistics71.4518%

 

8.2 TOP 5 Nifty 500 Losers

StocksClose% Week Change
Macrotech Developers1,161.25-10.4%
Triveni Turbine729.60-9.9%
Prestige Estate1,677.65-7.7%
Sun TV769.35-6.4%
C.E. Info System2,140.75-4.7%

 

 

9. FII and DII Activity Losers

FIIDateDII
-2,667.4619/08/20241,802.92
-1,457.9620/08/20242,252.10
-799.7421/08/20243,097.45
1,371.7922/08/20242,971.80
1,944.4823/08/20242,896.02
-1,608.89Total11,217.37
Net Buy/Sells9,608.48

 

Disclaimer: This article is only published for educational purposes only. The stock insideout never gives any recommendations or suggestions regarding any stock. We will not be responsible for your capital. We would like you to consult your financial advisor before investing.

 

Sources

  • Indian Markets, Sector Performances (Click here.)
  • Tops and Gainers of Nifty 50 and Nifty 500. (Click here.)
  • Global Market’s returns were calculated by looking at the numbers from Tradingview.  (Click here.)
  • FII & DII activity. (Click here.)

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