Indian Stock Market Weekly Update (26- 30 Dec)

December 30, 2022 admin

Indian Stock Market Weekly Update (26- 30 Dec): Indian stock market indexes ended with modest gains, snapping a three-week losing streak in the last trading week of the calendar year 2022. The domestic markets registered gains in three out of five trading sessions during the week. The market sentiments were positive, as China is reopening its border to the rest of the world after nearly three years of closed.

However, the upside remained capped as foreign investors were continuously selling in the domestic markets, and due to concern about rising Covid cases in China and many other countries. The broader markets managed to stage outperformance as compared to the benchmark indices during the week.

Among the sectors, PSU bank, Metals, and Realty were in demand whereas some selling pressure was seen in Pharma and FMCG stocks. Foreign Institutional investors( FIIs) were the net sellers, they offloaded Rs 5761.56 crore worth of shares while Domestic Institutional investors bought Rs 5062.45 crore during the week

Indian Stock Market Indexes ( 26- 30 Dec)

On a weekly basis, Sensex gained 995.45 points or 1.66%, and closed at 60840.74, while the Nifty was up by 298.5 points or 1.68%, and ended at 18105.3 levels. The Bank Nifty index jumped 1318.4 points or 3.16 % and finished the week at 42986.45 levels.

The broader markets outperformed the benchmarks during the week. The Nifty midcap index ended higher by 1351.45 points or 4.48 percent, and at 31509.1 levels. The Nifty small-cap index advanced by 548.75 points or 5.92 percent and ended at 9731.3 levels during the week.

Nifty 50 weekly top gainers and losers

Weekly Nifty 50 Top Gainers
Company Name	LTP	Previous Close	Change (%)
Hindalco	473.35	429.55	10.20
Tata Steel	112.65	102.25	10.17
SBI	613.70	574.00	6.92
IndusInd Bank	1220.10	1147.85	6.29
Adani Enterp	3858.35	3642.20	5.93

Weekly Nifty 50 Top Losers
Company Name	LTP	Previous Close	Change (%)
Apollo Hospitals	4477.60	4700.15	4.73
Cipla	1075.95	1119.15	3.86
Nestle	19606.00	20132.75	2.62
Divi’s Lab	3413.20	3498.45	2.44
HUL	2561.05	2621.10	2.29

Mid-cap weekly top gainers and losers

NSE Weekly Nifty Midcap Top Gainers
Company Name	LTP	Previous Close	Change (%)
Poonawala Fin	308.30	246.10	25.27
Adani Wilmar	617.65	499.65	23.62
Union Bank	80.40	67.55	19.02

NSE Weekly Nifty Midcap Top Losers
Company Name	LTP	Previous Close	Change (%)
Dr. Lal Path Labs	2260.45	2345.80	3.64
Lupin	733.70	756.75	3.05
Ipca Labs	843.10	864.35	2.46

Small-cap weekly top gainers and losers

NSE Weekly Nifty Smallcap Top Gainers
Company Name	LTP	Previous Close	Change (%)
RBL Bank	179.40	151.30	18.57
Indiabull Hsg	154.70	130.65	18.41
Suzlon Energy	10.60	9.00	17.78

NSE Weekly Nifty Smallcap Top Losers
Company Name	LTP	Previous Close	Change (%)
Amara Raja Batt	571.75	603.40	5.25
C.E Info System	1040.55	1087.05	4.28
Medplus Health	613.60	634.75	3.33