Stock Market Weekly Recap | (29 july – 2 august)

 

A volatile week that ends in RED

Weekly Recap 29 July - 02 August 2024
Fig. 1
 A good start for the buyers at the beginning of the week and holding the gains till Thursday but the gap down on Friday ruins the whole week’s gains. The sellers took over the market from the buyers at the
end of the week causing the nifty to end in -1.17% on the Friday and -0.47% overall the week.
Week's Indices Performance
Fig. 2

The table from the ‘Fig 2’ suggest us the volatility in the market over the week. The Nifty 50 index, Sensex index and Midcap Nifty index ends in red. closing around half a percent in the week while Bank Nifty and Fin Nifty indexes are slightly up by 0.11% and 0.21% respectively.

Sectoral Indices Performance :

Weekly sectoral performance
Fig. 3

A mixed up returns from the different sectors. 6 sectors turned green while 6 sectors turned red this week. The Pharma sectoral index was the best performing index for the 2 weeks straight with the gains of 1.39%. Followed by Media and Healthcare sectors which gained 1.19% & 0.98%. Other sectors that ended in green are oil and gas (0.98%), Private Bank Index (0.37%) and in the end consumer durable sector was the least one which ended with 0.06%.

Nifty Realty sector was the biggest loser in this week. The realty sector was down by 3.76% which makes it top loser of the week. The IT sector was next in the line which lost 3.04% in the most recent week. Nifty Auto, Nifty FMCG, Nifty Metal & PSU banks were also in the list of losers of the week.

 

Gainers & Losers of the week :

Here’s the list of nifty 50 stocks & nifty 500 stocks that gained most in this week and lost most in the week.

Nifty 50 Gainers & Losers :

Nifty 50's this week's top 5 gainers
Fig. 4

Gainers :

NTPC was the top gainer out of india’s top 50 companies in this week. the NPTC has gained 5.9% in this week. BPCL was the 2nd most top gainer of nifty 50 in this week. the petroleum and gas company was up by 5.6% in this week. The next gainer was the paint company, the Asian Paints ended its week with gains of 5.3%. the remaining two of weekly’s top 5 gainers were Divi’s labs and Power Grid which gained 4.2% & 4.1% respectively. 

Losers :

The Eicher Motors was the biggest loser of the week followed by LTMindtree, Grasim, M&M, Wipro,
the Eicher has lost 5.7% in this week, LTMindtree lost 4.8%, The AB group’s Grasim company lost 4.8%, M&M also lost 4.8% this week and in the end the Wipro was the last loser of top 5, which has lost 4.3%.

Nifty 500 Gainers & Losers :

Nifty 500 is the index in which india’s top 500 listed companies are included. the gainers & the losers of the week are as follows.
Nifty 500's weekly top 5 gainers
Fig. 5

Gainers :

PCBL, The largest carbon black manufacturer in India gained almost 30% this week which helps the stock to be most gained stock of the nifty 500. Adani Energy was the next most gainer of the week which has gained 20% over the week. The 3rd most gainer of the nifty 500’s was the torrent power which is gained around 19% and the next most gainer stock was one of the most awaited stock to be back on track was the Adani Wilmar. The Adani Wilmar’s investors are finally happy because the stock has gained 17.8% returns this week. the 5th most gained stock of the week is ajanta Pharma which is up by 17.8%.
 

Losers :

Aegis Logistics & Birlasoft made their investors cry in this week, the Aegis Logistic stock plunged by almost 18% and Birlasoft plunged around 17%. The another IT company that lost most in this week along with Birlasoft is the Mphasis LTD. The Mphasis LTD lost around 8.4%.The Realty sector investors had not the good week. the Realty sector’s Macrotech developers was down by 12.3% & another company of realty sector, the Prestige Estates was down by 7.5%.

FII & DII Activity of the Week :

The institutions makes an impact on the Market, So find out what did FII & DII make changes to their stakes in Cash Market.
Weekly FII & DII data.
Fig. 6
FII’s have only bought stocks one day in the whole week. FIIs sold their stakes throughout the week, The total worth of Rs 12,756.26 Crores sold in this week while the DII had been doing opposite throughtout the week. When FIIs were selling, the DIIs were buying. The DIIs have bought stocks worth 11,560 Crore rupee throughout the week.

Conclusion :

  • Nifty 50, Sensex and Midcap Nifty were down around 0.45%.
  • Bank Nifty & Financial companies had slight gains.
  • Nifty Realty was the sector was lost most in this week (-3.76%). Pharma sector was most gained sector of week which happened for straight two weeks (1.39%).
  • NTPC gained 5.9% making it top gainer of nifty 50. Eicher motors was the biggest loser of the week. which was down by 5.7%.
  • PCBL gained around 30% this week which is the biggest gains of the week among india’s top 500 listed companies. Aegis Logistics lost most in this week (-17.8%).
Here we Conclude our weekly recap of the Market. If you find anything that is wrong in the article or if you find the article, Let us know in the comments below. Honest Feedback will be appreciated.
Note :- We are only Information providers. We do not recommend anyone to buy or sell stocks. We are not SEBI registered. Please Contact your Financial Advisor before Investing.
 

References :

Nifty 50 Gainers. Click Here.
Nifty 50 Losers. Click Here.
Nifty 500 Gainers. Click Here.
Nifty 500 Losers. Click Here.
FII & DII activity. Click Here.
 

 

 
 

 

 

 

 

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