Weekly NSE Top Gainers & Losers: Indian stock markets gained around one and a half percent higher during the week ended 4 June. The markets closed higher due to a better than expected GDP data, continuous fall in coronavirus cases, and unlocking business in various states. The higher side of the market was capped due to weak PMI data and growth forecast projected by the RBI in the bi-monthly policy.
The Indian markets started the week on a positive note amid negative cues from Asian markets. Indian markets were almost flat on Tuesday and Wednesday despite the mixed global cues. On Thursday, markets gained with the support of positive global cues and on reopening the business in various places. The markets were volatile and closed marginally lower on Friday after RBI’s announcement of monetary policy.
Weekly Stock Market Indices
On a weekly basis, Sensex gained 677.17 points or 1.32% and closed at 52100.05 levels while Nifty closed higher by 234.6 points or 1.52% and ended at 15670.25 levels. The Bank Nifty on the spot price was up by 150.2 points or 0.43 % on a weekly basis and finished at 35291.65 levels.
The mid-cap and small-cap indexes outshined the benchmark indices during the week ended 4 June. The Nifty midcap index jumped 856.5 points or 3.33% and closed at 26551.6 levels. The Nifty small-cap index climbed higher by 220.95 points or 2.38 % and ended at 9475.1 levels
Weekly NSE top gainers and losers
NSE Nifty top gainers and losers
| Weekly NSE Nifty Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| ONGC | 125.45 | 112.35 | 11.66 |
| Adani Ports | 833.85 | 776.15 | 7.43 |
| Bajaj Finance | 5993.45 | 5610.75 | 6.82 |
| Titan Company | 1679.50 | 1577.00 | 6.50 |
| Tata Motors | 334.95 | 318.75 | 5.08 |
| Weekly NSE Nifty Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| M&M | 804.60 | 845.85 | 4.88 |
| ITC | 208.75 | 212.90 | 1.95 |
| Infosys | 1385.65 | 1405.05 | 1.38 |
| IndusInd Bank | 1009.30 | 1019.35 | 0.99 |
| Tech Mahindra | 1019.20 | 1026.25 | 0.69 |
Weekly NSE mid-cap top gainers and losers
| Weekly Nifty Midcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Adani Total Gas | 1637.50 | 1341.70 | 22.05 |
| Indiabulls Housing | 261.35 | 223.55 | 16.91 |
| Weekly Nifty Midcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Indiamart Inter | 6930.25 | 7435.55 | 6.80 |
| City Union Bank | 165.95 | 173.75 | 4.49 |
Weekly NSE small-cap top gainers and losers
| Weekly Nifty Smallcap Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| PNB Housing | 839.45 | 438.05 | 91.63 |
| Future Retails | 55.10 | 45.45 | 21.23 |
| Weekly Nifty Smallcap Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Hindustan Copper | 159.00 | 174.05 | 8.65 |
| Kaveri Seeds Co | 709.00 | 749.40 | 5.36 |
Weekly global stock markets updates
The major Global market indexes closed mixed during the week ended 4 June. The U.S and European markets closed higher whereas China and Japan’s Indexes closed in the red. The U.S markets closed marginally higher in a truncated week as markets were closed on Monday due to Memorial Day.
The strength of the economic recovery remained in the highlight during the week in the U.S markets. The Labor Department reported that employers added 559,000 jobs in May below the forecasts of 650,000. Private sectors job has increased in May well above the expectation due to the recruitment in restaurants and other leisure and hospitality businesses. The IHS Markit Service and Manufacturing PMI data signal a strong economic recovery in May were positive for the markets during the week.
The European markets closed higher amid optimism about the prospect of economic recovery during the week ended 4 June. However, the higher side of the markets remained capped due to the concerns that central banks might begin withdrawing stimulus sooner than expected because of inflationary pressure. The Eurozone inflation increased 40 bps points sequentially to 2 percent in May.
Traders were concerns about the sharp increase in highly transmissible Delta variant of the Covid-19 infections in the UK. The PMI data confirms the strong growth in service sectors accompanied by booming manufacturing activity in the Eurozone.
Asian Markets Updates
The Japanese index Nikkei 225 closed marginally lower during the week ended 4 June. The market sentiments remained weak due to the extensions of the coronavirus state of emergency in Tokyo, Osaka, and other important places till June 20.
The market sentiments were negative last week as Jibun Bank PMI Service PMI fell in May compared to April and Manufacturing PMI also edged lower. However, the downside remained capped as Japan’s household spending rose 13 percent YoY in April after a 6.2 percent rise in March.
Chinese index Shanghai edged lower 0.2 percent during the week ended June 4. The private Caixin manufacturing PMI rose to 52 in May, its the highest reading this year due to demand picked up but the official PMI fell slightly to 51
FIIs and DIIs Investment
On a weekly basis, Foreign Institutional Investors (FIIs) were buyers and Domestic Institutional Investors (DIIs) were sellers in the cash market segments. FIIs bought Rs 5462.2 crores while DIIs sold Rs 801.95 crores in the cash market segment during the week ended 4 June.
On a monthly basis, FIIs bought Rs 3049.81 crores, and DIIs sold Rs 981.73 crores in the cash market.
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Editor’s Desk