Weekly Stock Market Updates (10 Jan -14 Jan 2022)
Weekly Indian Stock Market Updates ( 10 Jan -14 Jan ): The Indian stock markets gained around 2.5 percent for the week ended 14 January. Indian markets continued their northward journey for four consecutive weeks in a row. Markets traded on an optimistic note throughout the week despite weak global cues, FIIs selling, and weak economic data released during the week ended 14 January.
Then, what went right for the market? Indian markets traded positively after the GDP number estimated at 9.2 percent in FY22 by the government in its first advance estimates. The market got further support from the World Bank’s GDP estimation, where the global bank retained its last projection of 8.3 percent for India’s GDP for FY22. The Q3 corporate earnings, US testimony, and estimation of positive export growth also supported the market for the week.
Weekly Indian Stock Market Index Updates (10 Jan – 14 Jan )
On a weekly basis, Sensex was up by 1478.38 points or 2.48% and closed at 61223.03, while Nifty closed higher by 443.05 points or 2.49% and ended at 18255.75 levels. The Bank Nifty on the spot price was up by 630.8 points or 1.67 % on a weekly basis and finished at 38370.4 levels.
The midcap and smallcap indexes also advanced during the week ended 14 January. The Nifty midcap index was up by 878.1 points or 2.82% and closed at 31989.65 levels. The Nifty small-cap index gained 416.6 points or 3.62 percent and ended at 11909.5 levels during the week ended 14 January
Indian stock market weekly top gainers and losers
| NSE Weekly Nifty Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Larsen & Toubro | 2044.75 | 1904.90 | 7.34 |
| Infosys | 1929.35 | 1814.30 | 6.34 |
| M&M | 881.20 | 829.00 | 6.30 |
| Adani Ports | 780.10 | 736.10 | 5.98 |
| Coal India | 164.75 | 156.95 | 4.97 |
| NSE Weekly Nifty Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Wipro | 639.80 | 711.50 | 10.08 |
| Asian Paints | 3364.40 | 3576.30 | 5.93 |
| Nestle Ind | 19400.15 | 19902.85 | 2.53 |
| HUL | 2363.70 | 2416.15 | 2.17 |
| Axis Bank | 721.70 | 730.60 | 1.22 |
NSE weekly mid-cap top gainers and losers
| NSE Weekly Nifty Midcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| RBL Bank | 156.50 | 135.10 | 15.84 |
| Indian Hotels Co | 210.70 | 186.35 | 13.07 |
| NSE Weekly Nifty Midcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Vodafone Idea | 12.75 | 15.10 | 15.56 |
| L&T Technology | 5542.40 | 5776.80 | 4.06 |
NSE weekly small-cap top gainers and losers
| NSE Weekly Nifty Smallcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Trident | 64.80 | 53.10 | 22.03 |
| Sequent Scientific | 191.70 | 165.55 | 15.80 |
| NSE Weekly Nifty Smallcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Dilip Buildcon | 389.65 | 419.05 | 7.02 |
| CSB Bank | 242.95 | 259.40 | 6.34 |
Global Stock Market Updates ( 10 Jan- 14 Jan)
Global market indexes mostly ended in the red during the week. The US benchmark indexes closed in the red as investors were concerned about the rising interest rates after getting the high inflation signals. Investors remained worried about rising inflation and asset tapering.
The weak economic data, high government bond yields, and the weekly jobless claims that rose unexpectedly in the US also hit the market sentiments.
European markets closed mixed for the week as investors were worried about Federal Reserve monetary policy tightening faster than it was expected earlier. The downside of the markets remained capped after Germany’s economy recovered, UK’s economy strengthen, and Eurozone industrial production rebounded. Some countries have also eased the covid related restrictions during the week.
Japanese index closed in the red on a weekly basis as investors concerns about more aggressive monetary policy tightening by the US. Chinese also fell on a weekly basis as refinancing difficulties in the country troubled property sectors. China’s largest banks have now become more selective about funding real estate projects. The inflation has slowed more than expected in December in China and the trade surplus rose to a record high.
FIIs and DIIs investment
The Foreign Institutional investors were the sellers for the week ended 14 January, after buying in the previous week. The Domestic Institutional Investors (DIIs) were continued to buy in the cash segment. FIIs sold Rs 4002.94 crores, while DIIs bought Rs 3629.03 crore in the cash market segment in the second week of 2022.
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Happy Investing!!
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