Weekly Stock Market Indexes & Analysis-13 -17 Dec 2021

Weekly Stock Market Indexes & Analysis (13 Dec- 17 Dec): The Indian stock markets started the week on a negative note and declined 3 percent during the week ended 17 December. The broader markets also traded negatively during the week while tracking their larger peers.

The market declined mainly for weak global cues as traders were concerned about the surges of the Omicron virus. Monetary policy tightening by the Central banks and Omicron uncertainty prompts traders to play safely in the markets last week. On the domestic front, the rising inflation and continuous FIIs selling pressure also weighed on market sentiments.

 

Weekly Stock Market Indexes ( 13 Dec- 17 Dec )

 

On a weekly basis, Sensex plunged 1774.93 points or 3.02% and closed at 57011.74, while Nifty closed lower by 526.1 points or 3% and ended at 16985.2 levels. The Bank Nifty on the spot price was down by 1487 points or 4.01 % on a weekly basis and finished at 35618.65 levels.

The midcap and smallcap indexes also closed in the deep red, following their larger peers during the week ended 17 December. The Nifty midcap index was down by 1263.75 points or 4.05% and closed at 29939.3 levels. The Nifty small-cap index was finished lower by 401.65 points or 3.55 % and ended at 10849.55 levels

NSE weekly top gainers and losers

 

NSE Weekly Nifty Top Gainers
Company Name	LTP	Previous Close	Change (%)
Wipro	670.80	638.25	5.10
Power Grid Corp	209.95	202.65	3.60
Infy	1820.85	1759.25	3.50
Tech Mahindra	1642.85	1602.65	2.51
Sun Pharma	768.95	761.35	1.00
NSE Weekly Nifty Top Losers
Company Name	LTP	Previous Close	Change (%)
Bajaj Finserve	16204.20	17711.10	8.51
ITC	217.95	236.10	7.69
Bajaj Finance	6901.10	7452.50	7.40
HDFC	2617.35	2808.75	6.81
IndusInd Bank	883.00	944.75	6.54

 

NSE weekly mid-cap top gainers and losers 

 

NSE Weekly Nifty Midcap Top Gainers
Company Name	LTP	Previous Close	Change (%)
Mphasis	3263.15	3133.90	4.12
Pfizer	4974.60	4867.75	2.20
NSE Weekly Nifty Midcap Top Losers
Company Name	LTP	Previous Close	Change (%)
Shriram Transport	1273.70	1504.35	15.33
Vodafone Idea	14.05	16.40	14.33

 

NSE weekly small-cap top gainers and losers 

 

NSE Weekly Nifty Smallcap Top Gainers
Company Name	LTP	Previous Close	Change (%)
Bajaj Electrical	1312.05	1124.70	16.66
Zensar Tech	473.60	439.50	7.76
NSE Weekly Nifty Smallcap Top Losers
Company Name	LTP	Previous Close	Change (%)
IDBI Bank	46.05	53.95	14.64
Suzlon Energy	6.80	7.85	13.38

 

Global Stock Market Indexes

 

Global stock market indexes mostly declined during the ended 17 December. The fears over the impact of the Omicron virus and the prospect of central bank tightening sparked volatility in the US markets. All three major US indexes were closed in the red on a weekly basis as investors worried about rising three interest rates next year and a surge in Covid cases that is slowing the economic recovery in the US. 

European market indexes ended lower for the week. Indexes were down as governments tightened restrictions to curb the spread of the new covid virus Omicron and Central banks become more hawkish than was expected. The ECB kept its main policy rates unchanged whereas BOE unexpectedly raised its bank rate 15 basis points to 0.25% as the first step to controlling inflation.

Japanese market Nikkei 225 rose over the week ended 17 December. Investors’ sentiments were lifted by the US Fed’s tapering decision, as it shows confidence in the post-pandemic economy. The dovish central bank’s policy, growth in export, and sustained recovery in private sectors also supported the market to close higher last week.

Chinese market index fell for the week amid a resurgence in global Covid cases and US-China tensions after the US placed investment and export restrictions on dozens of Chinese companies.

 

FIIs and DIIs investment

 

The Foreign Institutional investors were the seller and the Domestic Institutional Investors (DIIs) were the buyers in the Indian stock markets. FIIs sold 10452.27 crores, whereas DIIs bought Rs 6341.14 crore in the cash market segment during the week ended 17 December.

 

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Happy Investing!!

Editor’s Desk