Top news and market movers ⚡ this week: 16th Oct’ 20

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Top news

SEBI has announced that cut-off time for equity oriented mutual funds is being restored to 3 PM with effect from 19 October, 2020. The truncated cut-off time remains unchanged for debt and conservative hybrid funds.

SBI Mutual Fund has appointed Moiz Miyajiwala as an Independent Director on the Board of SBI Funds Management Private Limited.

The Board of Directors of Wipro Ltd have approved buyback of up to 23.75 Crore equity shares of the company for an aggregate amount of Rs 9,500 Crore. This amounts to 4.16% of the total equity share capital of company, at Rs 400 per share.

Mazagon dock IPO which was oversubscribed by 157 times listed at a premium of 49% over the issue price of Rs 145. Meanwhile, Likhitha infrastructure debuted with 8.4% premium over issue price of Rs 120.

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Index Returns

Index1W1Y3YP/EP/B

NIFTY 50-1.3%2.6%4.8%34.13.3

NIFTY NEXT 50-0.9%-0.3%-1.8%35.83.7

S&P BSE SENSEX-1.3%3.6%7.0%29.23.0

S&P BSE SmallCap-1.2%15.4%-4.5%NA2.1

S&P BSE MidCap-1.0%5.0%-3.1%496.82.3

NASDAQ 1001.1%49.4%24.6%38.38.4

S&P 5000.2%16.4%10.8%27.03.9

 

 

 

Best Performers

Mutual Funds1W1Y3Y

PGIM India Global Equity Opp…3.5%72.2%29.5%

DSP World Gold3.5%56.1%18.6%

Franklin Feeder Franklin US Opp…2.7%48.5%27.0%

HSBC Brazil1.7%-30.4%-8.6%

Principal Global Opportunities 1.6%17.0%6.0%

 

ELSS Tax Saving Funds1W1Y3Y

Essel Long Term Advantage-0.2%-0.6%2.0%

BOI AXA Tax Advantage-0.3%19.6%6.8%

Canara Robeco Equity Tax Saver-0.4%15.0%10.3%

Edelweiss Long Term Equity-0.7%1.7%2.4%

Quantum Tax Saving -0.7%0.7%-0.1%

 

Stocks (BSE 200)1W1Y5Y

IDBI Bank 13.3%34.0%-15.3%

JSW Energy12.2%1.0%-5.5%

Larsen & Toubro Infotech7.5%107.8%NA

Oracle Financial Services 6.9%4.4%-0.70%

Aditya Birla Fashion and Retail 6.6%-30.4%-9.4%

 

Worst Performers

Mutual Funds1W1Y3Y

Quant Consumption-3.1%29.4%5.3%

Quant Tax-3.0%28.3%8.8%

Quant Active-2.9%25.0%10.5%

IPRU Focused Equity-2.9%5.1%3.4%

IPRU Equity & Debt -2.4%-5.9%0.7%

 

Stocks (BSE 200)1W1Y5Y

Vedanta -19.5%-38.1%8.2%

Zee Entertainment -14.7%-30.0%-14.5%

Future Retail -11.7%-80.6%NA

Motherson Sumi -11.6%4.4%0.2%

Tata Motors Class A -11.1%-0.6%-26.8%

 

Bought and Sold

Bought on kuvera.in1W1Y3Y

Parag Parikh LTE0.4%26.1%13.4%

Mirae Asset Emerging Bluechip-1.4%12.3%6.9%

Motilal Oswal Nasdaq 100 FOF2.7%55.2%NA

Axis Bluechip-1.4%3.7%10.4%

UTI Nifty Index -1.3%2.8%5.7%

 

Sold on kuvera.in1W1Y3Y

Motilal Oswal Multicap 35-1.1%-0.5%0.4%

HDFC Mid Cap Opportunities-1.1%6.9%0.0%

HDFC Hybrid Equity-1.0%1.7%3.0%

HSBC Brazil1.7%-30.4%-8.6%

L&T Emerging Businesses -1.1%-0.8%-4.9%

 

Most Watchlisted 

Mutual Fund Watchlist1W1Y3Y

Tata Digital India-1.0%40.8%28.9%

PGIM India Global Equity Opp…3.5%72.2%29.5%

Parag Parikh LTE0.4%26.1%13.4%

IPRU Technology-0.9%46.3%27.3%

Mirae Asset Emerging Bluechip -1.4%12.3%6.9%

 

Stocks Watchlist1W1Y5Y

Reliance Industries-2.8%61.1%37.9%

TCS-2.2%35.6%18.8%

Infosys3.1%46.9%16.8%

HDFC Bank0.6%-2.0%17.1%

ITC -0.9%-33.0%-3.4%

 

US Stocks Watchlist1W1Y5Y

Apple-1.4%103.1%33.8%

Amazon-2.0%84.1%41.8%

Microsoft0.0%56.4%35.9%

Tesla-2.0%746.2%57.5%

Facebook -0.3%40.3%22.2%

Data Source: NSE, BSE & Kuvera.in

 

 

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