Top news and market movers ⚡ this week: 18th Dec’ 20



Best news

Bitcoin created an all time high as it moved over $23,000 for the first time ever. Having a 220% surge from the start of 2020, market cap of Bitcoin has crossed $400 Billion.

After being oversubscribed by 157 times, Burger king obtained listed at a top of 92% on the issue price of Rs 60. Meanwhile, IPO of Mrs. Bectors Food went live this week obtained oversubscribed by 198 times. 

SEBI has relaxed profitability criteria for mutual fund patrons. Applicants using a net-worth over Rs 100 Cr will now be considered qualified to host a mutual fund. 

Axis Mutual Fund has announced modifications in finance management duties of both Axis Bluechip, Mid Cap & and Small Cap funds.

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Index Returns


NIFTY 501.8percent 12.5%9.8percent 37.83.9

NIFTY NEXT 500.5percent 13.9%2.2percent 40.74.4

S&P BSE SENSEX1.9percent 12.9%11.8percent 33.63.1

S&P BSE SmallCap1.2percent 32.6%-0.9percent NA2.4

S&P BSE MidCap1.6percent 20.3%1.3percent 64.02.7

NASDAQ 1002.9percent 48.2%25.0percent 39.48.7

S&P 5001.3percent 16.2%11.3percent 29.04.1

Greatest Performers

Mutual Funds1W1Y3Y

SBI Consumption Opportunities4.2percent 15.2%5.0percent Nippon India Consumption4.0percent 25.8%8.3percent PGIM India Global Equity Opp…3.9percent 74.5%33.1percent HSBC Brazil3.7percent -16.8%4.2percent DSP World Agriculture 3.5percent 23.6%10.5%

ELSS Tax Saving Funds1W1Y3Y

Axis Long Term Equity2.7percent 19.6%13.4percent Indiabulls Tax Saving2.5percent 12.4percent NA

BOI AXA Tax Advantage2.4percent 31.2%10.2percent SBI Magnum Tax Gain Scheme2.3percent 17.9%5.4percent IDBI Equity Advantage 2.2percent 9.8%5.5%

Stocks (BSE 200)1W1Y5Y

L&T Technology Services 19.2percent 47.0%NA

Page Industries15.9percent 26.6%16.4percent Crompton Greaves12.7percent 54.5percent NA

Havells India11.1percent 43.1%24.9percent Bajaj Finance 9.6percent 27.0%56.1%

Worst Performers

Mutual Funds1W1Y3Y

Edelweiss US Value Equity-0.4%6.9%10.3percent DSP World Energy-0.3%2.7%3.6percent IPRU Long Term Bond-0.2%13.2%10.3percent UTI Transportation & Logistics-0.1percent 14.7%-4.5percent Invesco India Gilt -0.1percent 9.8%8.3%

Stocks (BSE 200)1W1Y5Y

Yes Bank-7.6percent -60.3%-27.9%

Gujarat State Petronet-6.8%0.6%12.7percent Interglobe Aviation-4.8%25.5%7.4percent Bank Of Baroda-4.9%-38.3%-16.5%

Union Bank of India -4.9%-46.6%-25.6%

Bought and Sold

Bought on kuvera.in1W1Y3YD

ABSL Digital India2.7percent 53.4%27.0%3Y

Axis Bluechip2.3percent 18.2%16.0%27.0percent IPRU Banking & Financial…1.2percent -4.8%3.5%16.0percent Edelweiss Balanced Advantage1.2percent 23.5%12.0%3.5percent PGIM India Global Equity Opp… 3.9percent 74.5%33.1%12.0%

6PGIM India Global Equity Opp… 3.9percent 74.5%33.1%

Sold on kuvera.in1W1Y3Y

IPRU Regular Saving0.3percent 11.7%9.2percent Mirae Asset Large Cap1.4percent 13.4%9.7percent L&T Emerging Businesses1.5percent 16.9%-1.3percent Motilal Oswal Multicap 351.1percent 9.5%3.9percent Franklin India Smaller Companies 2.0percent 19.2%-0.9%

Many Watchlisted 

Mutual Fund Watchlist1W1Y3Y

PGIM India Global Equity Opp…3.9percent 74.5%33.1percent Tata Digital India2.6percent 46.8%29.1percent Parag Parikh LTE0.6percent 32.7%15.1percent IPRU Technology2.7percent 62.8%27.8percent Axis Bluechip 2.3percent 18.2%16.0%

Stocks Watchlist1W1Y5Y

Reliance Industries-0.7%28.7%32.7percent Adani Green Energy-1.9percent 650.2percent NA

Infosys1.9percent 63.1%18.8percent Tata Consultancy Services2.8percent 32.2%20.3percent HDFC Bank 1.8percent 10.9%21.8%

US Stocks Watchlist1W1Y5Y

Tesla, Inc.. 7.9percent 714.9%70.2percent Apple, Inc.. 3.5percent 80.9%36.8percent Inc.. 2.7percent 78.6%37.0percent NIO Inc.. 11.3percent 1676.4percent NA

Microsoft Corporation 2.5percent 40.4%32.2%

Info Source: NSE, BSE &

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The article Top news and market movers ⚡ this week: 18th Dec’ 20 appeared first on Kuvera.

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