Top news and market movers ⚡ this week: 25th Sep’ 20

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in

Top news

Kuvera has ventured into insurance sector with launch of Kuvera Protect, an umbrella of insurance solutions. The first product out of the stables is Kuvera Health Protect, a health insurance solution that is designed to be simple, affordable and comprehensive.

Increasing the options available for investing in passive funds, Nippon India Mutual Fund is launching NFO of Nippon India Nifty Smallcap 250 Index Fund on 28 September. The NFO closes on 8 October.

ICICI Mutual Fund has launched the NFO for ICICI Prudential ESG Fund. The fund will invest in a diversified basket of companies based on the Environmental, Social and Governance (ESG) criteria. The NFO closes on 5 October.

IPOs are the talk of the town. Chemcon & CAMS IPOs were oversubscribed by 149 and 47 times respectively during the last week. Route mobile on the other hand, listed at a premium of 105% over the issue price of Rs 350.

Vodafone has won an international tax arbitration case against Indian government. The case was heard in the permanent court of arbitration in The Hague and it ruled that the retrospective tax demand of ₹20,000 crore by income tax department was in breach of ‘fair and equitable’ treatment.

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Index Returns

Index
1W
1Y
3Y
P/E
P/B

NIFTY 50
-4.0%
-3.4%
3.8%
33.0
3.2

NIFTY NEXT 50
-4.2%
-3.9%
-1.5%
34.0
3.6

S&P BSE SENSEX
-3.8%
-3.1%
5.7%
28.6
2.9

S&P BSE SmallCap
-5.3%
8.3%
-3.2%
-117.0
2.4

S&P BSE MidCap
-4.7%
0.8%
-2.4%
36.6
2.4

NASDAQ 100
2.0%
42.7%
23.8%
35.5
7.8

S&P 500
-0.6%
10.4%
9.7%
25.8
3.7

 

 

Best Performers

Mutual Funds
1W
1Y
3Y

DSP Credit Risk
1.4%
6.6%
2.8%

Baroda Credit Risk B
0.6%
1.2%
3.8%

IPRU Medium Term Bond
0.5%
11.4%
8.2%

Nippon India Credit Risk
0.5%
-7.3%
0.7%

UTI Credit Risk
0.4%
-28.0%
-9.6%

 

ELSS Tax Saving Funds
1W
1Y
3Y

IDBI Equity Advantage
-2.4%
-9.7%
0.9%

Parag Parikh Tax Saver
-3.1%
16.7%
NA

BNP Paribas LTE
-3.4%
1.8%
4.3%

ABSL Tax Relief96
-3.5%
0.8%
3.4%

Canara Robeco Equity Ta…
-3.5%
6.6%
8.3%

 

Stocks (BSE 200)
1W
1Y
5Y

Natco Pharma
14.7%
51.2%
14.1%

Apollo Hospitals
14.1%
39.7%
7.0%

Dr. Reddy’s Laboratories
5.9%
83.7%
5.2%

Page Industries
3.7%
-15.6%
8.1%

Syngene International
3.4%
83.9%
28.7%

 

 

Worst Performers

Mutual Funds
1W
1Y
3Y

DSP World Gold
-9.0%
37.9%
17.6%

DSP NRNE
-8.6%
-11.6%
-7.1%

Invesco Feeder Pan Euro…
-7.5%
-6.8%
-4.1%

DSP World Mining
-7.1%
20.5%
9.7%

HSBC Brazil
-7.0%
-28.9%
-8.1%

 

Stocks (BSE 200)
1W
1Y
5Y

Indiabulls Housing Finance
-20.0%
-66.5%
-15.8%

Edelweiss Financial Services
-17.9%
-49.2%
1.5%

Indusind Bank
-16.6%
-66.1%
-10.8%

BHEL
-14.2%
-42.0%
-23.3%

Tata Motors
-13.8%
-2.7%
-16.5%

 

 

Bought and Sold

Bought on kuvera.in
1W
1Y
3Y

Parag Parikh LTE
-3.1%
19.8%
12.6%

UTI Nifty Index
-4.0%
-6.2%
3.7%

Axis Bluechip
-3.5%
-1.1%
9.7%

UTI Nifty Next 50 Index
-4.2%
-7.3%
NA

Mirae Asset Large Cap
-3.9%
-3.4%
4.2%

 

Sold on kuvera.in
1W
1Y
3Y

Nippon India Multi Asset
-4.0%
NA
NA

L&T Emerging Businesses
-5.0%
-7.7%
-4.4%

HDFC Small Cap
-4.9%
-7.8%
-0.2%

Axis Equity Saver
-1.6%
2.1%
6.2%

Franklin India Bluechip
-5.3%
-6.8%
-1.1%

 

 

Most Watchlisted 

Mutual Fund Watchlist
1W
1Y
3Y

PGIM India Global Equity O…
-1.3%
57.4%
25.8%

Parag Parikh LTE
-3.1%
19.8%
12.6%

Tata Digital India
-0.1%
25.9%
26.4%

Mirae Asset Emerging Bluechip
-4.4%
2.9%
6.2%

Franklin Feeder US Opp…
-1.0%
39.3%
24.8%

 

Stocks Watchlist
1W
1Y
5Y

Reliance Industries
-4.2%
73.8%
39.7%

HDFC Bank
-3.7%
-16.8%
15.0%

Infosys
0.0%
27.3%
13.2%

TCS
-1.6%
18.5%
14.3%

ITC
-4.4%
-33.3%
-1.6%

 

US Stocks Watchlist
1W
1Y
5Y

Apple
4.5%
103.2%
31.4%

Amazon
5.8%
75.0%
42.6%

Microsoft
5.0%
49.1%
36.4%

Tesla
-9.2%
790.8%
51.3%

Facebook
3.9%
39.4%
22.4%

Data Source: NSE, BSE & Kuvera.in

 

 

Interested in how we think about the markets?

Read more: Zen And The Art Of Investing

 

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The post Top news and market movers ⚡ this week: 25th Sep’ 20 appeared first on Kuvera.

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