IIFL

Indian Stock Market Ends Volatile Session with Nifty Around 20,950

The BSE midcap index closed marginally lower, whereas the smallcap index fell by 0.5%.

08 December, 2023 |
3:36 PM

Three Entities Sell 2.55 Crore Shares of Five-Star for Rs 1,863 Crore; Stock Drops 5.89%

The sale caused Five-Star Business Finance shares to drop by approximately 5.89%

08 December, 2023 |
1:59 PM

Nifty 50: 38% of Index Stocks Hit Record Highs Amidst Bullish Surge

Nifty 50 hits 21,005.05, and Sensex reaches 69,888.33, following the RBI's decision to maintain the repo rate at 6.5%

08 December, 2023 |
1:57 PM

Sensex and Nifty Hit Record Highs, Nifty50 Crosses 21,000 Mark

All sectors exhibit positive trends at the current hour, contributing to the overall market upswing.

08 December, 2023 |
1:56 PM

Top Gainers / Losers
08 December , 2023 | 12:00 AM

Company	LTP(₹)	Change(%)
HCL Technologies HCLTECH	1364.1	+36.10 (2.72%)
LTIMindtree LTIM	5708.7	+141.50 (2.54%)
JSW Steel JSWSTEEL	839.35	+20.20 (2.47%)
Infosys INFY	1491.15	+25.25 (1.72%)

Top Gainers as per Nifty50

Company	LTP(₹)	Change(%)
HCL Technologies HCLTECH	1362.9	+35.70 (2.69%)
JSW Steel JSWSTEEL	839.35	+20.00 (2.44%)
Infosys INFY	1490.6	+24.45 (1.67%)
HDFC Bank HDFCBANK	1653.1	+22.50 (1.38%)

Top Gainers as per Nifty50

Company	LTP(₹)	Change(%)
Adani Enterp. ADANIENT	2822.15	-65.00 (-2.25%)
ITC ITC	449.15	-8.95 (-1.95%)
Adani Ports ADANIPORTS	1022.95	-16.70 (-1.61%)
Hero Motocorp HEROMOTOCO	3715.75	-56.90 (-1.51%)

Top Gainers as per Nifty50

Company	LTP(₹)	Change(%)
ITC ITC	449.15	-8.95 (-1.95%)
M & M M&M	1668.6	-25.10 (-1.48%)
Bajaj Finance BAJFINANCE	7306.85	-87.45 (-1.18%)
Tata Motors TATAMOTORS	714.65	-7.25 (-1%)

Top Gainers as per Nifty50

Top Performing Funds


Aditya Birla SL PSU Equity Fund (G)	1 Yrs Returns 43.01	NAV 25.27
Bandhan Small Cap Fund (G)	1 Yrs Returns 42.59	NAV 31.121
Franklin India Smaller Companies Fund (G)	1 Yrs Returns 42.55	NAV 140.4988
Franklin India Opportunities Fund - (G)	1 Yrs Returns 41.98	NAV 176.2298
ICICI Pru PSU Equity Fund (G)	1 Yrs Returns 41.23	NAV 14.97


DSP Credit Risk Fund (G)	1 Yrs Returns 15.38	NAV 38.7287
Invesco India Credit Risk Fund (G)	1 Yrs Returns 11.32	NAV 1683.2814
SBI Credit Risk Fund (G)	1 Yrs Returns 8.12	NAV 40.1884
ICICI Pru Gilt Fund (G)	1 Yrs Returns 7.89	NAV 90.1959
Nippon India Credit Risk Fund (G)	1 Yrs Returns 7.68	NAV 30.6372


Bank of India Mid & Small Cap Equity & Debt Fund (G)	1 Yrs Returns 28.92	NAV 30.4
JM Aggressive Hybrid Fund - (G)	1 Yrs Returns 27.78	NAV 94.8575
HDFC Balanced Advantage Fund (G)	1 Yrs Returns 25.80	NAV 414.957
SBI Magnum Children's Benefit Fund - IP (G)	1 Yrs Returns 23.81	NAV 30.1067
UTI-Multi Asset Allocation Fund (G)	1 Yrs Returns 23.32	NAV 57.386


Sundaram LT Tax Advantage Fund-Sr.IV (G)	1 Yrs Returns 37.84	NAV 27.1603
Sundaram LT Tax Advantage Fund-Sr.III (G)	1 Yrs Returns 37.45	NAV 23.4636
Sundaram LT MC Tax Advantage Fund-Sr.IV (G)	1 Yrs Returns 37.20	NAV 24.0604
Sundaram LT MC Tax Advantage Fund-Sr.VI (G)	1 Yrs Returns 36.86	NAV 22.1525
Sundaram LT MC Tax Advantage Fund-Sr.III (G)	1 Yrs Returns 36.70	NAV 27.756


ICICI Pru Nifty Financial Services Ex-Bank ETF	1 Yrs Returns 30.02	NAV 22.33
Kotak Nifty PSU Bank ETF	1 Yrs Returns 25.47	NAV 545.21
Nippon India ETF Nifty PSU Bank BeES	1 Yrs Returns 25.37	NAV 60.80
HDFC NIFTY Private Bank ETF	1 Yrs Returns 11.40	NAV 246.69
ICICI Pru Nifty Private Bank ETF	1 Yrs Returns 11.40	NAV 244.57

Invest Right

Jindal Stainless: Well set with capacity and balance sheet

Deleveraging should resume from FY25 to drive a netcash position by FY26; which provides comfort on planned expansion capex, starting FY25.

05 December, 2023 |
10:09 AM

Mankind Pharma: Focus on outperformance & improving quality

Although DMF-API-based products have 300bps lower GMs, these products allow Mankind to differentiate vs peers and gain access to the super-specialist doctor channel.

04 December, 2023 |
12:06 PM

RateGain Travel Tech: Stronger balance sheet provides optionality

RATE continues to aspire to double revenues over FY24-27. Analysts of IIFL Securities 12-month TP of Rs740 is based on 2YF P/E of 35x

04 December, 2023 |
11:52 AM

Page Industries: Likely earnings downgrades in near term

Historically, Page’s quarterly volumes have exhibited seasonality, with H1 contributing ~54% of the annual volumes.

01 December, 2023 |
10:42 AM

SRF: Recovery in sight

Mgmt remained committed on multi-year capex of Rs120bn for the next four years (unveiled last year) and does not foresee much delay on execution.

30 November, 2023 |
11:06 AM

Put Call Ratio
14 December , 2023 | 12:00 AM

Note : Put/Call contract in thousand

Script Name	Put	Call	Ratio
NIFTY	73,801	75,469	0.98

All You need to know about markets

US October inflation tapers to 7.7% but MOM inflation is higher

Since March 2022, when the Fed hawkishness first manifested, the Fed has hiked rates by 375 basis points. However, till June 2022, inflation was on the ascendant, when the US consumer inflation peaked at 9.1%. Since then, the inflation has gradually tapered from 9.1% to 7.7%. While a 140 bps fall may not sound substantial, what is notable is that in October 2022, the consumer inflation was lower than the consensus street expectation.

M&M Financial Services hits upper circuit today, find why here?

Mahindra & Mahindra Financial Services (M&M Finance), which posted better-than-expected profits for the September quarter, increased by as much as 10% during early trade on Thursday.

Board of Steelcast recommends Second Interim Dividend?

Steelcast announced that the Board of Directors of the Company at its meeting held on 20 October 2022, has recommended a Second Interim dividend of Rs.1.35 per share (i.e.27%), subject to the approval of the shareholders

RBI to do pilot project on its digital currency this year

T. Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), announced on Wednesday that the central bank will introduce its digital currency as a pilot project this year.

How many Sectors are there to invest in Stock Market?

You can invest in 11 different sectors in the stock market. This type of industry categorization helps the portfolio manager create a diverse portfolio and allocate funds more efficiently.

What is nifty and sensex ?

Nifty and Sensex are benchmark index values for measuring the
overall performance of the stock market. Nifty is the Index used
by the National Stock exchange, and Sensex is the Index used by the Bombay Stock Exchange.