Weekly Stock Market Analysis- Top Nifty Gainers & Losers
Weekly Stock Market Analysis- Top Nifty Gainers & Losers
Weekly Stock Market Indexes & analysis ( 08 – 12 Nov ): The Indian stock market indexes gained more than a percent during the week ended 12 November. Markets were up due to strong buying by the domestic institutional investors, positive corporate earnings, and optimistic Asain market cues.
Weekly Stock Market Indexes ( 08 – 12 Nov )
On a weekly basis, Sensex gained 619.07 points or 1.03% and closed at 60686.69, while Nifty closed higher by 185.95 points or 1.04% and ended at 18102.75 levels. The Bank Nifty on the spot price fell 840.35 points or 2.12 % on a weekly basis and finished at 38733.35 levels.
The midcap and smallcap indexes also closed higher in line with their larger peers. The Nifty midcap index was up by 483.2 points or 1.54% and closed at 31925.85 levels. The Nifty small-cap index was finished higher by 138.05 points or 1.26% and ended at 11177.7 levels
NSE weekly top gainers and losers
| NSE Weekly Nifty Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| M&M | 937.80 | 872.85 | 7.44 |
| Bharti Airtel | 743.50 | 701.10 | 6.05 |
| Tech Mahindra | 1585.00 | 1505.85 | 5.26 |
| Adani Ports | 750.30 | 713.70 | 5.13 |
| Titan | 2539.50 | 2431.75 | 4.43 |
| NSE Weekly Nifty Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| IndusInd Bank | 1037.05 | 1189.10 | 12.79 |
| Divis Lab | 4843.80 | 5208.05 | 6.99 |
| State Bank | 511.35 | 530.45 | 3.60 |
| Maruti Suzuki | 7479.85 | 7747.40 | 3.45 |
| Bajaj Auto | 3635.05 | 3759.35 | 3.31 |
NSE weekly mid-cap top gainers and losersÂ
| NSE Weekly Nifty Midcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Adani Tol Gas | 1663.25 | 1433.95 | 15.99 |
| Bharat Electron | 223.60 | 201.85 | 10.78 |
| NSE Weekly Nifty Midcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Laurus Lab | 452.45 | 498.50 | 9.24 |
| BHEL | 65.15 | 71.65 | 9.07 |
NSE weekly small-cap top gainers and losersÂ
| NSE Weekly Nifty Smallcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| KPIT Technologies | 429.65 | 348.65 | 23.23 |
| Prince Pipe | 851.40 | 760.40 | 11.97 |
| NSE Weekly Nifty Smallcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Balaji Amines | 2978.25 | 3453.00 | 13.75 |
| First Source Solutions | 177.55 | 200.55 | 11.47 |
Weekly Global Stock Market Indexes
The global stock markets closed mixed during the week ended 12 November. The US market indexes finished lower due to the concerns about higher inflation and interest rate hike sooner than expected. The key indexes fell sharply on Wednesday following news that the CPI-based inflation jumped 0.9 percent, the highest in 3 decades. The US Treasury yields also increase on the higher inflation data.Â
However, the downside of the markets remained capped due to weekly jobless claims hitting a new pandemic-era low.
European markets rose on a weekly basis due to ultra-loose monetary policy and optimism about economic growth helped to moderate the inflation concerns. Eurozone Industrial Production fell in September, although the extent of the decline was less than expected due to increase output of nondurable consumer goods.
However, the upside of the market remained capped due to the surge in coronavirus cases in the continent, as several countries reimposed partial lockdown.
Japan’s Nikkei 225 ended flat during the week ended 12 November. The stimulus package from the new government, positive earnings reports from corporates, and expectations to maintain low-interest rates by the Central banks were positive for the markets. However, the surge in the producer’s price index and tightening of monetary policy were the concerns for the investors during the week.
China’s Shanghai gained during the week amid speculation that Beijing would announce easing measures to help indebted property companies as the specter of defaults continued to loom over the sector. The producer price accelerated greater than it was forecasted was negative for the market.
FIIs and DIIs investment
On a weekly basis, Foreign Institutional Investors (FIIs) were the sellers and the Domestic Institutional Investors (DIIs) were the net buyers in the cash market segments. FIIs sold Rs 4901.76 crores while DIIs bought Rs 5393.52 crore in the cash market segment during the week ended 12 November.Â
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