Stock Market Weekly Recap | Strong week for Asian Market | (16 Aug-20 Aug 2024)

Indian Markets at a new all-time high. Led by Realty, and banks after U.S fed rates were cut for the first time in last 4 years.

weekly recap 16 Sep - 20 Sep

This week has seen the mixed returns globally. Asian Markets have shown strength and US markets are up by around 1.60%, while the UK’s FTSE 100 index turned red and other European markets are slightly up in German and French indices.

1. Weekly Summary

  • Indian Market ended its week with record high.
  • Strong Week for Asian Markets, Hang seng up over 5% and Japan’s Nikkei had seen gains over 3%.
  • Dow Jones ended its week with gains around 1.60%
  • Mixed European Markets where UK’s FTSE index is in red with a loss of 0.52% while Dax & CAC are slightly up.
  • M&M is the top weekly gainer while TCS was the top loser.
  • US Fed Rates cut positively impacted the realty and banking sectors which made these sectors the top gainer sectors
  • FII shown buying on friday to end the week at All Time High.


2. Indian Markets

OpenIndicesClose% Week Change
25,406.65Nifty 5025,790.951.71%
82985.33Sensex84,544.311.99%
50,038.70Bank Nifty53,793.203.57%
24,034.35Finnifty24,789.203.38%
13,397.75Midcap Select13,112.50-1.75%

3. American Markets

OpenIndicesClose% Week Change
41,435.17Dow Jones42,063.361.62%
5,615.21S&P 5005,702.551.36%
17,573.70NASDAQ17,948.321.49%

4. European Markets

OpenIndicesClose% Week Change
8,273.09FTSE 100 (UK)8,230.00-0.51%
7,432.17CAC 40 (France)7,500.260.47%
18,621.78DAX (Germany)18,720.010.11%

5. Asian Markets

OpenIndicesClose% Week Change
17,252.77Hang Seng18,258.585.12%
2,705.34Shanghai composite/b>2,736.81391.21%
36,601.93Nikkei 22537,723.843.12%

Indian Sectoral Performance :

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

6. Sectoral Performances

IndicesClose% Week Change
Nifty Realty1101.604.55%
Private Banks27062.353.78%
Nifty Auto26394.552.22%
Consumer Durables43770.151.60%
Nifty FMCG65870.801.24%
Metal9404.300.36%
Healthcare14649.30-0.31%
PSU Bank6628.00-1.30%
Oil and Gas12501.35-1.44%
Pharma23005.25-1.93%
Media2062.95-2.62%
IT42204.40-2.74%

*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

StocksCMP% Week Change
M&M2950.97.7%
ICICI Bank1338.57.1%
NESTLE2699.66.6%
NTPC424.05.6%
L&T3793.95.0%

7.2 TOP 5 Nifty 50 Losers

StocksCMP% Week Change
TCS4284.9-5.3%
Grasim2678.3-3.8%
BPCL331.2-3.2%
HCL Tech1760.1-2.9%
Tata Motors970.9-2.1%


8.1 TOP 5 Nifty 500 Gainers

StocksCMP% Week Change
BSE3985.037.3%
Concord Biotech2601.125.1%
Max Healthcare1068.017.6%
KPR Mill961.014.1%
Asahi India Glass777.613.5%

8.2 TOP 5 Nifty 500 Losers

StocksCMP% Week Change
PNB Housing1008.7-11.3%
Glenmark Life1151.9-10.9%
KNR Construction316.1-10.5%
Gujrat Ambuja Exports124.9-9.8%
APAR Industries9417.9-9.4%


9. FII and DII Activity Losers

FIIDateDII
-1,634.9816/09/2024754.09
482.6917/09/2024874.15
1,153.6918/09/2024152.31
-2,547.5319/09/20242,012.86
14,064.0520/09/2024-4,427.08
11,517.92Total-633.67
Net Buy/Sells10,884.25


Disclaimer : This article in only published for educational purpose only. The stock insideout never give any recommendation or suggestions regarding the any stock. We will not be responsible for your capital. We would like you to consult your financial advisor before investing.


Sources

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