Indian markets played it cool for most of the week, staying flat until Friday’s rollercoaster ride. Friday saw a sharp dip followed by a spirited recovery, with the Nifty’s high-low range spanning a whopping 590 points!
Despite the drama, India VIX showed no signs of panic, dropping over 6% for the week, signaling calm in the broader market. Amid the action, the Nifty Smallcap 100 quietly stole the show, scaling new highs and proving that smallcaps are still in the spotlight.
Overall, the week was a blend of steady consolidation and thrilling Friday theatrics, keeping traders on their toes.
The Nifty 50 ended the week 0.37% higher at 24,768. Nifty IT and Nifty Consumer Durables surged the most by 2.86% and 1.70% respectively.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
The chart below presents the count of all-time highs each year for HDFC Bank.
While the market has tumbled in the past two months, these stocks proved their mettle by withstanding the impact of negative market sentiment:
Here’s a snapshot of category-wise retail auto sales in November 2024:
Market shares of top PV and CV auto OEMs for November 2024 are presented below:
Market shares of top 2-wheeler and 3-wheeler auto OEMs for November 2024 are presented below:
Here’s why Nifty 50 has a good chance of making an upside move!
Presented below weekly return of sectoral and market cap indices for this week:
Presented below weekly return of strategy indices for this week:
Take a look at how inflation unfolded in India in November 2024:
A recap of the repo rate and CRR in the past, and how a CRR cut affected banks’ advances:
This is how the Industrial Production performed for the month of Oct-24.
Monthly SIP inflows and SIP counts, highlighting strong retail participation in the market, are outlined below:
Here’s where retailers’ parked their money in the month of Nov-24.
HEG posts a multi-year volume contraction breakout, signaling readiness for an upmove.
After Testing Lows, Clean Science Springs Back with Strength.
Chalet breakout propels uptrend, firmly above 20-day EMA.
Image Source: @VisualCap (Twitter)