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A look at market performance in the week gone by;
Indian benchmark indices recovered from the early week lows to end the week marginally lower in what was another volatile week as market sentiment around the world remained subdued.
On the sectoral front, the Nifty Realty index was the top performer, surging over 3%, followed by Auto and FMCG each up by over 2% each. Nifty IT index was the top dragger for the second week running, sliding by over 3.3% for the week.
Apart from minor gains in the German DAX index, all the major indices saw sharp declines in the week ended September 2.
IPO of Tamilnad Mercantile Bank will be opening for subscription on Monday, 5th September and close on 7th September. Details
|Period||Price Range||Bid Lot||Issue Size|
|Tamilnad Mercantile Bank||5th to 7th September||500-525||28 and in multiples thereof||Rs. 831.6 crores|
While there’s no action on the macroeconomic front in India, there will be quite a bit overseas;
|5th September||6th September||7th September||8th September||9th September|
|Japan||Services PMI (AUG)||US||Services PMI (AUG)||Eurozone||GDP Growth Q2 2022||Japan||GDP Growth Q2 2022||China||CPI Inflation (AUG)|
|China||Caixin Services PMI (AUG)||Markit Composite PMMI (AUG)||Eurozone||ECB interest Rate Decision|
|Eurozone||Services PMI (AUG)||ISM Non-Manufacturing PMI (AUG)||US||Fed Chairman Powell to speak|
|Markit Composite PMI (AUG)||Jobless Claims|
|Crude Oil Inventories|