Weekly Stock Market Analysis: Gainers and Losers
Weekly Stock Market Analysis ( 2-6 August): Indian stock market indexes gained during the week ended 6 August. The market started with an optimistic note due to positive economic data last weekend and strong corporate earnings The benchmark indices touch a new high during the week with the support of upbeat PMI manufacturing data, positive auto sales number, FIIs, and DIIs inflow, and strong corporate earnings.
The decline in Covid cases and reopening of business also supported the market sentiments for the week ended 6 August. However, the upside remained capped due to weakness in the Asian markets and surge in delta variants in various countries like the US, UK, Japan, China, etc
Weekly Stock Market Index Analysis ( 2-6 August)
On a weekly basis, Sensex gained 1690.88 points or 3.21% and closed at 54277.72, while Nifty closed higher by 475.15 points or 3% and ended at 16238.2 levels. The Bank Nifty on the spot price was climbed by 1224.9 points or 3.54 % on a weekly basis and finished at 35809.25 levels.
The broader markets underperformed the benchmark indices during the week ended 6 August as the midcap index gained marginally higher and smallcap index closed lower on a weekly basis. The Nifty midcap index was up 130.45 points or 0.47% and closed at 27945.7 levels. The Nifty small-cap index closed lower by 92.45 points or 0.88% and ended at 10429.65 levels
Weekly Nifty top gainers and losers
| Weekly NSE Nifty Top Gainers stocks | |||
| Company Name | LTP | Previous Close | Change (%) |
| Eicher Motors | 2747.35 | 2530.25 | 8.58 |
| Bharti Airtel | 607.90 | 561.65 | 8.23 |
| HDFC | 2628.10 | 2441.15 | 7.66 |
| Kotak Mahindra Bank | 1777.20 | 1654.80 | 7.40 |
| Adani Ports | 710.10 | 674.50 | 5.37 |
| Weekly NSE Nifty Top Losers stocks | |||
| Company Name | LTP | Previous Close | Change (%) |
| UPL | 777.30 | 808.55 | 3.86 |
| Bajaj Finserve | 14005.65 | 14222.20 | 1.52 |
| Grasim Ind | 1531.00 | 1551.35 | 1.31 |
| Ultratech Cement | 7527.65 | 7619.20 | 1.20 |
| Cipla | 911.30 | 920.05 | 0.95 |
Weekly NSE mid-cap top gainers and losers
| Weekly Nifty Midcap Stock Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Dr. Lal Path Lab | 3963.10 | 3556.35 | 11.44 |
| Cholaman Inv&Fin | 528.80 | 475.75 | 11.15 |
| Weekly Nifty Midcap StockTop Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Vodafone Idea | 7.10 | 8.25 | 13.94 |
| Dhani Services | 202.80 | 230.10 | 11.86 |
Weekly NSE small-cap top gainers and losers
| Weekly Nifty Small cap Stock Top Gainers | |||
| Company Name | LTP | Previous Close | Change (%) |
| BASF India | 3375.80 | 2876.20 | 17.37 |
| Rosarrie Biotech | 1398.00 | 1236.45 | 13.07 |
| Weekly Nifty Small cap Stock Top Losers | |||
| Company Name | LTP | Previous Close | Change (%) |
| Future Retail | 52.55 | 61.15 | 14.06 |
| Aeiges Logistic | 279.60 | 319.65 | 12.53 |
Weekly Global Stock Market Analysis ( 2-6 August)
The major global stock market indexes closed higher during the week ended 6 August.
The US major three indexes closed positive during the week ended 6 August. The week started off on a pessimistic note due to concerns about the rise in delta variants of Covid-19 infections. But some positive earnings surprises and helped the market to regain its footing in the next few days.
The weekly and monthly US payroll data also pushed the market higher at the end of the week.
European market indexes rose during the week due to strong growth and optimism about the economic recovery. The Bank of England (BoE) in its latest Monetary Policy kept the rates and quantative easing program unchanged. The eurozone producer price rose compared to the previous month.
However, China’s regulatory crackdown and surge in delta variants of Covid-19 infections were the concerns for traders last week.
Japanese Nikkei gained during the week ended 6 August buoyed by strong corporate earnings reported. However, the upside remained capped due to the surge in delta variants of Covid-19 infections in the country. The nationwide Covid cases reached a record high in Japan. The International Monetary Fund (IMF) downgraded Japan’s 2021 growth prospects.
The Chinese markets closed higher during the week ended 6 August as traders were attracted to the markets after steep declines in the previous week. However, the gains were dented as traders were fears of tightening regulations for online gaming and other industry, slower economic momentum, and the biggest outbreak of Covid cases after 2019.
Weekly FIIs and DIIs data
On a weekly basis, Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) both were buyers in the cash market segments. FIIs bought Rs 2616.04 crores while DIIs bought Rs 896.64 crore in the cash market segment during the week ended 6 August.
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