Top Gainers & Losers- Weekly Stock Market Updates
Weekly Stock Market Gainers & Losers (28 June – 02 July): Indian stock market indexes declined almost one percent during the week ended 2nd July. The market declined due to contraction in PMI data, FIIs outflow, and negative cues from other Asian market peers. The downside of the markets was capped due to the announcement of a stimulus package for economic growth and Moody’s report that assessed the second wave will have a less adverse impact on the Indian economy.
Weekly Indian Stock Market Updates
The Indian stock markets started the week on a pessimistic note due to mixed global cues and worries about the Delta variant of Covid-19 in more than 90 countries. The domestic markets continued their southward journey straight for four days in the week, even after the announcement of the growth-oriented stimulus package by FM on Monday. On Friday, markets closed on a positive note.
On a weekly basis, Sensex declined 440.37 points or 0.83% and closed at 52484.67 levels while Nifty closed lower by 138.15 points or 0.87% and ended at 15722.2 levels. The Bank Nifty on the spot price slipped by 554.75 points or 1.57 % on a weekly basis and finished at 34809.9 levels.
The mid-cap and small-cap indexes outperformed the benchmark indices on weekly basis. The Nifty midcap index was up 75.75 points or 0.28% and closed at 26970.75 levels. The Nifty small-cap index closed higher by 212 points or 2.19 % and ended at 9903.1 levels
Weekly Nifty top gainers and losers
| Weekly NSE Nifty Top Gainers stocks | |||
| Company Name | LTP | Previous Close | Change (%) |
| Divis Lab | 4519.65 | 4248.75 | 6.38 |
| Dr. Reddy’s Lab | 5575.70 | 5309.30 | 5.02 |
| Cipla | 979.20 | 957.10 | 2.31 |
| Hindustan Unilever | 2487.30 | 2448.65 | 1.58 |
| Tata Motors | 344.90 | 339.65 | 1.55 |
| Weekly NSE Nifty Top Losers stocks | |||
| Company Name | LTP | Previous Close | Change (%) |
| Shree Cement | 27014.90 | 28729.10 | 5.97 |
| Bajaj Finserve | 11750.45 | 12486.60 | 5.90 |
| HDFC Life | 687.50 | 725.95 | 5.30 |
| Britannia Industries | 3545.30 | 3670.05 | 3.40 |
| Ultratech Cement | 6719.90 | 6923.00 | 2.93 |
Weekly NSE mid-cap top gainers and losers
| Weekly Nifty Midcap Stock Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Tata Elxsi | 4429.55 | 3768.65 | 17.54 |
| ICICI Securities | 692.75 | 624.70 | 18.89 |
| Weekly Nifty Midcap StockTop Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Adani Total Gas | 920.50 | 1189.40 | 22.61 |
| Vodafone Idea | 8.80 | 10.60 | 16.98 |
Weekly NSE small-cap top gainers and losers
| Weekly Nifty Small cap Stock Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Happiest Mobile | 1190.75 | 941.40 | 26.49 |
| Route Mobile | 2102.20 | 1713.80 | 22.66 |
| Weekly Nifty Small cap Stock Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Thyrocare Tech | 1318.05 | 1448.10 | 8.98 |
| Hindustan Copper | 140.80 | 154.25 | 8.72 |
Global stock market indexes- Weekly Updates
The major global market indexes except for Wall Street were closed in the red during the week ended 2nd July. The better than expected economic data helped the U.S market to closed higher during the week. Health and Technology stocks led the gain in U.S, midcap, and smallcap underperformed. However, the spread of the delta variant of Covid-19 infections in the U.S has dented investor’s enthusiasm somewhat.
The European markets closed slightly lower on worries about the inflationary pressures that might bring forward a hike in interest rates. Investors were also concerns about the spread of the highly transmissible delta variant of Covid-19 in the region, which clouded the outlook for economic growth. The downside of European indexes was capped due to dip inflation and the jobless rate and better than expected manufacturing data during the week.
Japanese stock market index Nikkei closed lower during the week on worries about the rebound of coronavirus infections and fresh restriction. The weak industrial production data and rise in the unemployment rate also weigh on the market sentiments during the week.
The Chinese index Shanghai fell sharply on Friday and reported losses during the week ended 2 July. The profit-taking by domestic investment funds and open market operations (OMO) undertaken by China’s central bank to drain funds from the financial system may be responsible for Friday’s fall.
FIIs and DIIs data
On a weekly basis, Foreign Institutional Investors (FIIs) were sellers and Domestic Institutional Investors (DIIs) were buyers in the cash market segments. FIIs sold Rs 5416.84 crores while DIIs bought Rs 6418.3 crores in the cash market segment during the week ended 2 July.
On a monthly basis in July, both FIIs were sellers DIIs were buyers in the cash market. FIIs sold Rs 2228.09 crores and DIIs bought Rs 1810.99 crores in the cash market.
You may also like to read, Amazon Audible- Top 5 Stock Market Audiobooks for free
Best Stocks to Buy in India for Short Term in July 2021
Happy Investing!!
Editor’s Desk
