Tag Archives: Nifty

Automotives, Banking, Financial Stocks, Indian Stock Market, Pharma Stocks

India Market Report – 03Apr2020

Indian equity/stock market ended with steep losses on Friday as Coronavirus cases showed no signs of abating while negative global cues further impacted sentiments.

S&P BSE Sensex slipped 674.36 points at 27,590.95.
Nifty 50 index shed 170 points at 8,083.80.

On the BSE, 1140 shares rose and 1099 shares fell.
In Nifty 50 index, 19 stocks advanced while 31 stocks declined.

IHS Markit announced Purchasing Managers’ Index (PMI) numbers for India yesterday. The headline seasonally adjusted IHS Markit India Manufacturing PMI fell from 54.5 in February 2020 to 51.8 in March 2020. Weighing on the headline figure was slowdown in production growth during March.

Banking stocks faced serious selling pressure. Among the private sector banks, RBL Bank (down 15.65%), Axis Bank (down 9.35%), IndusInd Bank (down 8.69%), Bandhan Bank (down 7.26%), City Union Bank (down 4.13%), Kotak Mahindra Bank (down 3.56%), Federal Bank (down 3.03%) and HDFC Bank (down 1.87%) declined. Continue reading India Market Report – 03Apr2020 →

Indian Stock Market

Nifty Weightage – 25Feb2020

Security Name Closing Price (Rs.) MarketCap (Rs.Cr.) Weightage (%)
RIL 1,444.95 915,987.96 10.40
TCS 2,115.35 793,760.70 9.01
HDFC Bank 1,209.95 662,887.60 7.53
HUL 2,215.15 479,538.34 5.44
HDFC 2,292.30 396,469.32 4.50
ICICI Bank 529.85 342,894.76 3.89
Infosys 795.85 338,918.60 3.85
Kotak Bank 1,678.25 320,927.07 3.64
Bharti Airtel 529.90 289,089.98 3.28
Bajaj Finance 4,803.95 289,048.42 3.28
SBI 322.95 288,220.33 3.27
ITC Ltd 203.00 249,522.56 2.83
Axis Bank 725.45 204,634.20 2.32
Maruti Suzuki 6,470.40 195,457.88 2.22
L&T 1,259.70 176,829.51 2.01
Asian Paints 1,818.95 174,473.28 1.98
HCL Tech 595.15 161,503.78 1.83
Nestle 16,337.25 157,516.77 1.79
Bajaj Finserve 9,466.90 150,653.68 1.71
Wipro 244.20 139,514.79 1.58

Indian Stock Market, Stock Market News, US Stock Market

S&P500 vs Nifty50 YTD Performance-22Nov2019

This year 2019, is one of the best for S&P500 index, with YTD gain 25.13% and compared to that solid performance, Nifty50 index of India has YTD gain of only 9.71%, most of which has come in last 2 months, after being at negative YTD gain in Aug-Sep 2019.

The S&P500 has been the trend setter and leading indicator for other global equity indices, including Nifty50 index of India. A significant divergence from S&P500 by Nifty50 on the downside, has been a buying opportunity in previous years, and it was the same this year too.