--> Best Online Share Trading Company in Indore

About Us
Help Desk
Contact Us
Sign In
  • Home
  • blogs
  • Stock Market Weekly Updates: 10 July 2023 - 15 July 2023

Stock Market Weekly Updates: 10 July 2023 - 15 July 2023

Stock Market Weekly Updates:  10 July 2023 - 15 July 2023 

Stock Market Weekly Updates:  10 July 2023 - 15 July 2023 

Weekly Market Update: Nifty, USD/INR, and Crude Oil Display Positive Movements, NSDL IPO Launch, SBI's OFS, and Chandrayaan-3 Mission Update

Welcome to the Weekly Market Update, your trusted source for the latest market trends and developments. In this edition, we will discuss the positive movements in the Nifty index, USD/INR exchange rate, and crude oil prices.

Additionally, we will explore the upcoming IPO launch of NSDL, SBI's Offer for Sale (OFS) of shares, and the latest update on the Chandrayaan-3 mission.

Stay informed and make informed investment decisions. Let's dive into the details.

Nifty Movement

The Nifty index showcased a positive movement, gaining 173 points during the week. This upward trend indicates positive market sentiment and potential investment opportunities.

Traders and investors should analyze market trends, identify potential sectors, and assess risk management strategies to capitalize on the bullish momentum.

USD/INR Movement 

The USD/INR currency pair displayed a positive movement, with an increase of 258 pips. Fluctuations in the exchange rate between the US dollar and the Indian rupee can impact various sectors, including export-oriented businesses and foreign investments.

Traders and investors engaged in currency trading should closely monitor economic indicators and global events to make informed decisions.

Crude Oil Movement 

Crude oil prices witnessed a significant surge of 246 points during the week. This rise can be attributed to factors such as geopolitical tensions, supply and demand dynamics, and global economic recovery.

Energy traders and investors should closely monitor these trends and consider their impact on related industries and investment opportunities.


NSDL, the largest depository in India, has announced plans to launch its Initial Public Offering (IPO) soon. This development presents an exciting investment opportunity, allowing investors to participate in the growth and success of the depository industry.

Traders and investors should keep an eye on the IPO details and consider their investment strategies accordingly.

SBI to Conduct OFS of Shares

State Bank of India (SBI), along with several other banks, is set to conduct an Offer for Sale (OFS) of shares.

This move provides an opportunity for investors to acquire shares of SBI and participate in the banking sector. Investors should closely monitor the OFS process and evaluate the potential impact on SBI's stock performance.

Chandrayaan-3 Mission Update

The Chandrayaan-3 mission was successfully launched from the Satish Dhawan Space Centre in Sriharikota at 2.35 PM on July 14. This lunar exploration mission is scheduled to arrive in lunar orbit on August 5, marking a significant milestone in India's space program.

Traders, investors, and space enthusiasts should follow the mission updates and assess potential investment opportunities in the aerospace sector.

Key Takeaways:

  • Nifty Records Positive Movement of 173 Points
  • USD/INR Witnesses Positive Movement of 258 Pips
  • Crude Oil Prices Experience Positive Movement of 246 Points
  • NSDL Plans to Launch IPO Soon, Largest Depository in India
  • SBI to Conduct OFS of Shares, Joining Other Banks
  • Chandrayaan-3 Mission Update: Departure from Satish Dhawan Space Centre


Related Blogs

Issued in the interest of investors: Prevent Unauthorised transactions in your trading and Demat account. Update your mobile numbers/email IDs with Tradingbells. Receive alerts and information of all debit and other important transactions in your trading and Demat account directly from Exchange/Depository on your mobile/email at the end of the day. KYC is a onetime exercise while dealing in securities markets. Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries of refund as money remains in investor's account.

2021-22, TradingBells All rights reserved