NIFTY 50 (4-NOV TO 13-DEC) AVERAGES
DATE OPEN HIGH LOW CLOSE OPEN HIGH LOW CLOSE
4-Nov-24 24,315.75 24,316.75 23,816.15 23,995.35 24186.77 24319.03 24019.46 24174.91
5-Nov-24 23,916.50 24,229.05 23,842.75 24,213.30
6-Nov-24 24,308.75 24,537.60 24,204.05 24,484.05
7-Nov-24 24,489.60 24,503.35 24,179.05 24,199.35
8-Nov-24 24,207.70 24,276.15 24,066.65 24,148.20 Chart Title
11-Nov-24 24,087.25 24,336.80 24,004.60 24,141.30
12-Nov-24 24,225.80 24,242.00 23,839.15 23,883.45
24350
13-Nov-24 23,822.45 23,873.60 23,509.60 23,559.05
14-Nov-24 23,542.15 23,675.90 23,484.15 23,532.70 24300
18-Nov-24 23,605.30 23,606.80 23,350.40 23,453.80 24250
19-Nov-24 23,529.55 23,780.65 23,464.80 23,518.50
24200
21-Nov-24 23,488.45 23,507.30 23,263.15 23,349.90
22-Nov-24 23,411.80 23,956.10 23,359.00 23,907.25 24150
25-Nov-24 24,253.55 24,351.55 24,135.45 24,221.90 24100
26-Nov-24 24,343.30 24,343.30 24,125.40 24,194.50
24050
27-Nov-24 24,204.80 24,354.55 24,145.65 24,274.90
28-Nov-24 24,274.15 24,345.75 23,873.35 23,914.15 24000
29-Nov-24 23,927.15 24,188.45 23,927.15 24,131.10 23950
2-Dec-24 24,140.85 24,301.70 24,008.65 24,276.05
23900
3-Dec-24 24,367.50 24,481.35 24,280.00 24,457.15
4-Dec-24 24,488.75 24,573.20 24,366.30 24,467.45 23850
OPEN HIGH LOW CLOSE
5-Dec-24 24,539.15 24,857.75 24,295.55 24,708.40
6-Dec-24 24,729.45 24,751.05 24,620.50 24,677.80
9-Dec-24 24,633.90 24,705.00 24,580.05 24,619.00
10-Dec-24 24,652.65 24,677.80 24,510.65 24,610.05
11-Dec-24 24,620.50 24,691.75 24,583.85 24,641.80
12-Dec-24 24,604.45 24,675.25 24,527.95 24,548.70
13-Dec-24 24,498.35 24,792.30 24,180.80 24,768.30
TOTAL 677,229.55 680,932.80 672,544.80 676,897.45
AVERAGE 24186.76964 24319.02857 24019.45714 24174.90893
WEEK 1
Some Nifty 50 companies reported weaker-than-expected quarterly earnings, contributing to negative sentiment in the market
FIIs were net sellers in the equity market, which further exacerbated the decline.
Hero MotoCorp led the fall with a 4.27% decline, along with Grasim Industries and Bajaj Auto, which fell 4.01% and 3.55%,
respectively. These declines pulled the index down
Global markets showed signs of stabilization after initial jitters from the U.S. election uncertainty and Federal Reserve policy
concerns
JSW Steel surged 4.67%, while Bajaj Auto and Hindalco Industries posted gains of 3.67% and 3.45%, respectively
Investors covering their short positions ahead of the U.S. Federal Reserve’s interest rate announcement further supported the
market recovery.
Tata Consultancy Services (TCS) rose 1.24%, and Wipro climbed 1.18%, supported by demand recovery in key markets
Financials supported the index, with strong performances from HDFC Bank and Axis Bank, driven by expectations of steady
credit growth.
Stocks like Bharat Electronics (BEL) surged 4.39%, benefiting from defense-related announcements
WEEK 2
Asian Paints dropped by 8.17%, and Britannia Industries fell 5.44%, significantly impacting the index. These declines in
consumer goods and healthcare stocks led to a bearish sentiment in the market.
.
•Broader global market sentiment remained cautious, particularly with the ongoing uncertainties around the U.S. elections and
the economic impact of ongoing geopolitical events.
Britannia Industries: The company reported quarterly profits below market expectations, leading to a significant drop of 7.49% in
its stock price
Persistent selling by FIIs continued to exert downward pressure on the market. Since October, foreign investors have withdrawn
nearly $14 billion from Indian equities, dampening investor sentiment
India's retail inflation reached a 14-month high in October, dampening expectations for an interest rate cut by the Reserve Bank
of India
Foreign investors have sold approximately $14 billion worth of Indian stocks since September 27, contributing to market volatility
The July-September quarter marked the weakest performance in over four years, with more than half of Nifty 50 companies
missing or merely meeting analysts' expectations.
WEEK 3
The Information Technology sector led the decline, with a 2.9% drop, as lower expectations for U.S. rate cuts made Indian
markets less attractive to foreign investors
All 13 major sectors recorded gains, with significant rebounds in the Information Technology and Oil & Gas sectors, each rising
about
. 2%
The allegations against the Adani Group affected various sectors, with state-owned lenders experiencing a 3.6% drop and the
energy sub-index losing 2.2%. Banking stocks faced pressure due to their exposure to the Adani Group
Positive employment figures from the United States indicated a robust labor market, which bolstered investor confidence
globally. This optimism particularly benefited Indian IT companies, as a healthy U.S. economy often translates to increased
business opportunities for them
The market rebounded from earlier losses, with the Nifty 50 reclaiming the 23,900 mark, recovering from five-month lows
experienced in the previous session
WEEK 4
Maharashtra Election Results: The ruling National Democratic Alliance (NDA), led by the Bharatiya Janata Party (BJP), secured a
victory in the Maharashtra state elections. Maharashtra, being home to Mumbai—the financial capital of India—holds significant
economic importance. The election outcome boosted investor confidence, anticipating political stability and favorable economic
.policies.
After a two-day rally, investors engaged in profit booking, leading to a modest pullback in the index
Shares of Adani Group companies continued to fall following U.S. indictments of key executives, contributing to negative
sentiment in the market
Uncertainties in global markets, including potential tariff implementations by the U.S., added to investor caution, impacting
market performance
Rising inflation can erode purchasing power and corporate profits, leading to market downturns. Recent concerns over increasing
urban and rural food inflation have impacted investor sentiment
An inverse relationship often exists between the U.S. Dollar Index and the NIFTY 50. A strengthening dollar can lead to a
depreciating rupee, affecting sectors dependent on imports
WEEK 5
The stock surged by 2.7% following a positive brokerage outlook, boosting investor confidence in the cement sector
Reliance Industries: The stock added 1%, contributing to the index's upward movement
Adani Ports: Shares rose 4% following positive analyst ratings, boosting investor confidence
Reports of potential GST increases on products like aerated beverages and tobacco-related items led to a 0.7% decline in the
consumer index, with companies like ITC and Varun Beverages experiencing losses
The banking sector showed positive momentum, with the Bank Nifty closing at 52,695.75, a gain of 1.13%
The central bank reduced the CRR by 50 basis points, aiming to enhance liquidity in the banking system
Conversely, sectors including Ports and Pharmaceuticals experienced declines, with Adani Ports and Cipla among the top losers
Positive comments from the U.S. Federal Reserve Chair regarding the U.S. economy provided some support to IT stocks, given
their significant exposure to the U.S. market
WEEK 6
The financial sector, which had gained 2.6% over the prior four sessions, declined by 0.75%, pulling the index lower
The consumer sector experienced a significant downturn, with a 2.2% decline. This was primarily due to Godrej Consumer
Products' stock plummeting by 10.2% following a bleak third-quarter forecast
Shares of Swiggy rose by 3.3% following a favorable outlook from CLSA, indicating positive investor sentimen
Sectors such as Information Technology (IT), Automobile, and Fast-Moving Consumer Goods (FMCG) contributed to the
market's upward movement.
Among the top gainers, Bajaj Finance saw a notable increase, contributing positively to the index
Major gains were seen in Bharti Airtel (+2.5%) and Reliance Jio (+3.1%), driven by improved ARPU and subscriber growth reports
The telecom sector experienced significant gains, with major players like Bharti Airtel and Reliance Jio seeing stock price
increases of 2.5% and 3.1%, respectively. This surge was attributed to reports of increased average revenue per user (ARPU) and
subscriber growth
ANALYSIS OF NIFTY 50 DATA
In this assignment the data of NIFTY 50 is recorded from 4-NOV-24 to 13-DEC-24 in which the values of open ,high ,low and close
is recorded on regular basis. This report also gives the idea about how the different factors affects the market, the which can
impact the markets are
1) Banking sectors
2) Government policies
3) Consumer demand
4) Thinking of investors
5) Inflations
6) Value of currency
ANALYSIS OF LAST WEEK
In the starting of last week the godrej consumer product’s quarter profit shows a decline of 10.2% which led to shift in demand as
result the market fall but on other days due to rise in the shares of swiggy and automobile industry also shows rise the get gain
for next 2 days. Due to increase in average revenue per use the share of Airtel and JIO also shows a rise
As on friday their is comeback of bulls after a choppy movement and from which we can expect the upwards movement for the
next week. Their is strong buying activity on friday which can led to initial increase and then Nifty can led to decrease by the end
of the week
PREDICTION
On Monday the nifty will fall the reason behind it is as gift nifty predict about the negative fall in
nifty 50
The other two days the graph can go up because the Airtel and jio share were remain high last
week , it can happen that they will remain again high this week
On Thursday as last week there is comeback of bulls the market can be remain green
On Friday the market can go down due to internal reasons of the companies or their can huge
selling of the shares by the investor