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Nifty’s Winning Streak: Bulls Charge Ahead!

The Indian markets saw a strong rally, with the Nifty 50 recording its longest winning streak of 12 days since 2000 and hitting a new all-time high. Despite this bullish momentum, Nifty Smallcap 100 and Nifty Midcap 100 faced headwinds, as they witnessed sell on rise near their peaks.
Most indices ended the week on a positive note, except for Nifty FMCG and Nifty PSU Bank. IT stocks garnered significant investor attention, driven by speculation of rate cuts from the US Federal Reserve, which propelled Nifty IT to a fresh high. Additionally, the removal of production caps on ethanol improved market sentiment in sugar stocks, leading to a strong finish on Friday. Overall, while large-cap indices thrived, mid and small-caps struggled during the week.
The Nifty 50 ended the week 1.66% higher at 25,236. Nifty IT and Nifty Pharma surged the most with gains of 4.13%, and 3.06% respectively.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
Don’t miss our new insights on seasonality. It is the tendency for stocks to perform better during some periods of the year. Here we have presented stocks that have shown positive or negative performance consistently during the next few days each time in the last 10 years. The bars represent the percentage gains from the date mentioned on their respective chart.

Seasonality

Maruti Suzuki has consistently delivered positive returns across nearly every observed period, showcasing its strong market position and reliable performance.

Maruti Suzuki has consistently delivered positive returns across nearly every observed period, showcasing its strong market position and reliable performance.
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Over the past 10 years, Deepak Nitrite has exhibited an impressive and unwavering seasonality pattern, consistently delivering positive returns in every observed period. This remarkable track record underscores the company\'s strong market performance and

Over the past 10 years, Deepak Nitrite has exhibited an impressive and unwavering seasonality pattern, consistently delivering positive returns in every observed period. This remarkable track record underscores the company\'s strong market performance and
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AIA Engineering has shown a steady pattern of positive returns in most periods over the past decade, reflecting its resilience and dependable market presence.

AIA Engineering has shown a steady pattern of positive returns in most periods over the past decade, reflecting its resilience and dependable market presence.
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Coforge has demonstrated a consistent pattern of positive returns across various periods, reflecting its strong market performance and reliability in the IT services sector.

Coforge has demonstrated a consistent pattern of positive returns across various periods, reflecting its strong market performance and reliability in the IT services sector.
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JSW Steel has faced challenges, with negative returns occurring 90% of the time during observed periods, indicating a pattern of underperformance.

JSW Steel has faced challenges, with negative returns occurring 90% of the time during observed periods, indicating a pattern of underperformance.
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Elgi Equipments has shown a consistent pattern of positive returns during key periods, reflecting its strong performance in the industrial machinery sector.

Elgi Equipments has shown a consistent pattern of positive returns during key periods, reflecting its strong performance in the industrial machinery sector.
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Prestige Estates has delivered positive returns across most observed periods, highlighting its reliable growth and resilience in the real estate industry.

Prestige Estates has delivered positive returns across most observed periods, highlighting its reliable growth and resilience in the real estate industry.
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Ramco Cements consistently achieves positive returns during specific periods, showcasing its strong market position and steady performance in the cement industry.

Ramco Cements consistently achieves positive returns during specific periods, showcasing its strong market position and steady performance in the cement industry.
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TVS Motors has exhibited a reliable pattern of positive returns in key periods, underscoring its solid performance and strong presence in the automotive sector.

TVS Motors has exhibited a reliable pattern of positive returns in key periods, underscoring its solid performance and strong presence in the automotive sector.
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Maharashtra Seamless demonstrates consistent positive returns across various periods, reflecting its stable performance in the steel pipes and tubes industry.

Maharashtra Seamless demonstrates consistent positive returns across various periods, reflecting its stable performance in the steel pipes and tubes industry.
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Abbott India has consistently delivered positive returns during key periods, underscoring its robust performance and leadership in the pharmaceutical industry.

Abbott India has consistently delivered positive returns during key periods, underscoring its robust performance and leadership in the pharmaceutical industry.
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Pidilite Industries has encountered multiple periods of negative returns, reflecting challenges in sustaining its market momentum. This recurring underperformance suggests the stock has faced difficulties in maintaining consistent growth. Investors may ob

Pidilite Industries has encountered multiple periods of negative returns, reflecting challenges in sustaining its market momentum. This recurring underperformance suggests the stock has faced difficulties in maintaining consistent growth. Investors may ob
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Apollo Hospitals has frequently reported negative returns across numerous periods, underscoring the stock\'s struggle to maintain consistent performance. This trend points to ongoing challenges in its market position.

Apollo Hospitals has frequently reported negative returns across numerous periods, underscoring the stock\'s struggle to maintain consistent performance. This trend points to ongoing challenges in its market position.
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Muthoot Finance has exhibited a pattern of negative returns in several observed periods, signaling instability in its financial performance.

Muthoot Finance has exhibited a pattern of negative returns in several observed periods, signaling instability in its financial performance.
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Tata Chemicals has recorded negative returns in many periods, pointing to underperformance in maintaining a steady upward trajectory.

Tata Chemicals has recorded negative returns in many periods, pointing to underperformance in maintaining a steady upward trajectory.
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BHEL has consistently shown negative returns in the majority of observed periods, reflecting significant challenges in achieving positive growth.

BHEL has consistently shown negative returns in the majority of observed periods, reflecting significant challenges in achieving positive growth.
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Stocks

Jyoti CNC Automation stands out with an impressive 240% post-listing gain within just 8 months, the highest among the list. Indegene is the only company with a negative performance post-listing, despite a 46% listing gain.

Jyoti CNC Automation stands out with an impressive 240% post-listing gain within just 8 months, the highest among the list. Indegene is the only company with a negative performance post-listing, despite a 46% listing gain.
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The accompanying chart compares Nvidia.Inc with Reliance Industries:

The accompanying chart compares Nvidia.Inc with Reliance Industries:
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Here’s why sugar stocks rallied on Friday!

Here’s why sugar stocks rallied on Friday!
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The chart explains the rationale behind the surge in IT stocks on August 28, 2024.

The chart explains the rationale behind the surge in IT stocks on August 28, 2024.
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The above table provides insights into the stocks where the promoters, Foreign Institutional Investors (FII), and Domestic Institutional Investors (DII) increased their stakes in Q1FY25.

The above table provides insights into the stocks where the promoters, Foreign Institutional Investors (FII), and Domestic Institutional Investors (DII) increased their stakes in Q1FY25.
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The above chart displays the companies with market capitalization exceeding Rs. 3,000 crores, doubling the investors\' wealth within 3 months.

The above chart displays the companies with market capitalization exceeding Rs. 3,000 crores, doubling the investors\' wealth within 3 months.
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The chart presents a list of stocks that have displayed consistent growth in their Profit After Tax (PAT) over four consecutive quarters.

The chart presents a list of stocks that have displayed consistent growth in their Profit After Tax (PAT) over four consecutive quarters.
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Here are glimpses of Ceigall India’s first financial results announcement following its public market debut:

Here are glimpses of Ceigall India’s first financial results announcement following its public market debut:
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The chart analyzes the revenue and volume of steel-producing companies for Q1FY25.

The chart analyzes the revenue and volume of steel-producing companies for Q1FY25.
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Have a look at the highlights of Gillette India’s quarterly results, showcasing a consistent earnings uptrend:

Have a look at the highlights of Gillette India’s quarterly results, showcasing a consistent earnings uptrend:
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Below is a snapshot of P&G Hygiene and Health Care’s quarterly results:

Below is a snapshot of P&G Hygiene and Health Care’s quarterly results:
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H1 2024 performance of Bajaj Auto’s associate PMAG and its impact on consolidated results are presented below:

H1 2024 performance of Bajaj Auto’s associate PMAG and its impact on consolidated results are presented below:
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The chart displays the stocks with High ROCE trading around its 52-week low.

The chart displays the stocks with High ROCE trading around its 52-week low.
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The list below presents the stocks that have generated the highest dividend yield.

The list below presents the stocks that have generated the highest dividend yield.
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Indices

The table shows instances where the Nifty 50 has achieved a winning streak of over 8 days while being within 1% of its all-time high and its 1-month, 2-month, and 3-month forward returns.

The table shows instances where the Nifty 50 has achieved a winning streak of over 8 days while being within 1% of its all-time high and its 1-month, 2-month, and 3-month forward returns.
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The table shows Nifty’s September futures trading at a significantly low premium in 12 months.

The table shows Nifty’s September futures trading at a significantly low premium in 12 months.
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Presented below weekly return of sectoral indices for this week:

Presented below weekly return of sectoral indices for this week:
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Presented below weekly return of strategy indices for this week:

Presented below weekly return of strategy indices for this week:
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Economy

The below chart presents the trend in the Ethanol-Petrol mix:

The below chart presents the trend in the Ethanol-Petrol mix:
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Fund Flows

Here’s how QIP Stocks generated returns to the Investors:

Here’s how QIP Stocks generated returns to the Investors:
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Opportunities

ULTRACEMCO Stays Strong at Support, Poised for a Positive Move

ULTRACEMCO Stays Strong at Support, Poised for a Positive Move
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Bajaj Finserv Breaks Free from Multi-Year Volume Squeeze, Hints at Breakout

Bajaj Finserv Breaks Free from Multi-Year Volume Squeeze, Hints at Breakout
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PLASTIBLEN Ignites Multiyear Breakout, Driven by Strong Volume Surge

PLASTIBLEN Ignites Multiyear Breakout, Driven by Strong Volume Surge
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BEPL’s Cup & Handle Breakout Triggers Bullish Surge, Fueled by Volume Surge

BEPL’s Cup & Handle Breakout Triggers Bullish Surge, Fueled by Volume Surge
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Food for thought

Nifty’s Winning Streak Continues: Bulls Charge Ahead
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