Weekly Stock Market Analysis- 15 to 18 November 2021
Weekly Stock Market Analysis ( 15 – 18 Nov ): The Indian stock market indexes opened flat and fell sharply the rest of the days during the holiday-shortened week. The broader markets were also down in line with their larger peers.
Indian markets declined due to a spike in the inflation rate, FIIs outflow, and mixed global cues. The subdued debut of Paytm IPO also hit the market sentiments in the end. On the sectoral front, the Metal index plunged the most whereas the Auto index was the top gainer during the week.
Weekly Stock Market Indexes Analysis ( 15 – 18 Nov )
On a weekly basis, Sensex declined 1050.68 points or 1.73% and closed at 59636.01, while Nifty closed lower by 337.95 points or 1.87% and ended at 17764.8 levels. The Bank Nifty on the spot price fell 984.9 points or 2.54 % on a weekly basis and finished at 37748.45 levels.
The midcap and smallcap indexes also closed lower almost in line with their larger peers. The Nifty midcap index was down by 654.45 points or 2.05% and closed at 31271.4 levels. The Nifty small-cap index was finished lower by 140.8 points or 1.26% and ended at 11036.9 levels
NSE weekly top gainers and losers
| NSE Weekly Nifty Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Maruti Suzuki | 8117.15 | 7453.45 | 8.90 |
| Power Grid Corp | 192.50 | 182.15 | 5.68 |
| Asian Paints | 3226.85 | 3063.50 | 5.33 |
| ITC | 237.50 | 230.00 | 3.26 |
| Tech Mahindra | 1567.75 | 1521.95 | 3.01 |
| NSE Weekly Nifty Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Tata Steel | 1186.60 | 1299.60 | 8.69 |
| Coal India | 153.40 | 167.00 | 8.14 |
| Shree Cement | 27167.30 | 29010.55 | 6.35 |
| Bajaj Auto | 3547.55 | 3749.95 | 5.40 |
| BPCL | 405.30 | 425.30 | 4.70 |
NSE weekly mid-cap top gainers and losers
| NSE Weekly Nifty Midcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Escorts | 1802.85 | 1521.30 | 18.51 |
| Forties Health | 283.10 | 254.35 | 11.30 |
| NSE Weekly Nifty Midcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Mannapuram Finance | 184.25 | 216.80 | 15.01 |
| JSW Energy | 295.30 | 333.55 | 11.47 |
NSE weekly small-cap top gainers and losers
| NSE Weekly Nifty Smallcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Tanla Platform | 1461.80 | 1214.45 | 20.37 |
| Trident | 45.20 | 39.65 | 14.00 |
| NSE Weekly Nifty Smallcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| GNFC | 404.65 | 463.80 | 12.75 |
| FDC | 281.90 | 317.25 | 11.14 |
Weekly Global Stock Market Analysis
The US markets ended mixed during the week ended 19 November. Nasdaq and S&P 500 ends higher while Dow Jones finished the week lower. The markets closed mixed as investors weighed strong economic and profits data against inflation fears, ongoing supply strains, and a rise in covid-19 cases in some regions.
The market sentiment was optimistic due to positive economic data early in the week whereas negative sentiments erased some gains in the end in the US markets.
European markets closed slightly lower in the last week ended 19 November as investors were concerned about the rising Covid-19 infections that clouded the economic outlook in the region. European countries began to reimpose stricter restrictions to curb the spread of the covid infections. UK’s October month’s inflation surges and hit almost a decade high whereas the payroll also rises strongly.
Japan’s Nikkei 225 finished marginally higher during the week ended 19 November. The larger-than-expected stimulus package and dovish stance by the Bank of Japan (BoJ) helped the market to offset the weak economic data released during the week. China’s Shanghai Index edged up despite weak economic data and disappointment in corporate earnings.
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 4410.88 crores whereas DIIs bought Rs 3926.53 crore in the cash market segment during the week ended 18 November.
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