The Indian stock market has had a wild wild ride in 2021. From uncertainty caused by the coronavirus pandemic to a huge number of IPOs, the Indian market saw it all.

While there is no shortage of in-depth market analysis, there’s always more appetite for humour. We’ve compiled a list of some of the best market memes for 2021, which will help you make sense of the year that has gone by.

1. PayTM sell-off by anchor investors:

Despite all the hype surrounding the PayTM IPO, the stock failed to do well post-listing. The company’s value declined on its debut, and has since recorded a fall of around -35% since it started trading. PayTM’s woes were compounded when several anchor investors sold their stock in the company once the mandatory lock-in period ended. The stock fell around 13% in a single day on 15th December thanks to the lack of investor confidence.

2. High Demand for IPOs:

While there were a huge number of new listings this year, there was also a high demand for them in the primary market. People rushed to subscribe to IPOs, but not all those applied got an allotment. For example, the Zomato IPO saw an oversubscription of 38 times as of July 16th. Needless to say, there were a lot of investors left “hungry”.

3. Surge of interest in Bitcoin and other Cryptocurrencies:

Cryptocurrencies are famous (or infamous) for being highly volatile. Over the years, investors in cryptocurrencies have gotten used to the fact and anticipate the volatility. In 2021 alone, the price of Bitcoin has gone from $23,379 to $68,925. The cryptocurrency is currently trading at around $51,108. This meme is the perfect depiction of cryptocurrency investors react to this volatility – no reaction at all.

4. Tata Motors’ Bull Run:

Tata Motors surprised everyone this year. On 29th March, 2020, the company’s stock was trading at Rs. 65.3 while today it is trading at around Rs. 467. Needless to say, the stock has made its investors rich. However, this was a missed opportunity for many investors who couldn’t predict the stellar performance.

5. Flat Performance of ITC:

ITC used to be a darling of investors just a few years ago. The stock gave consistent returns and kept investors happy. It was one of those blue-chip companies that was a part of almost every investor’s portfolio. However, the company’s recent lackluster performance has gotten it into trouble with disappointed investors. The company’s has delivered returns of just around 5% over the past year, which does not even beat inflation.

And the list goes on

If you’ve enjoyed these market memes, here are a few more that we created only for you.

That’s all folks!

Remember to carry your sense of humour while you trade into 2022!

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The Indian stock market has had a strong bullish run in 2021 driven by factors such as heightened economic activity, high liquidity, and strong earnings growth. However, this doesn’t mean that the market didn’t have its share of surprises in the year.

In 2021 so far, the Sensex has gained 26.4% while the Nifty has gained 29.6%. An analysis of the sector-wise performance of the Indian stock market showed that certain sectors in the market such as information technology, real estate, and healthcare, performed better than others. Overall, investor sentiment was positive, pushing prices further up.

Continuing our Market Round-Up series, in this article, we discuss five surprising major events that affected the stock market in 2021 and shaped the year’s stock market performance.

1. Covid-19 Second Wave

It would be fair to say that the intensity of the second wave left everyone in India and the world shaken. The spread of the second wave caused intense downward pressure on the stock market.

Between February 19th to April 16th, the S&P BSE Sensex corrected by 9.8%. However, the markets proved far more resilient than expected and the Sensex went on to hit a high of 62,245.

2. IRCTC Boom and Crash

IRCTC was having a stellar run in 2021, hitting a record high of Rs. 6393 and taking the overall market capitalization of the company to over Rs.1 lakh crore on 19th October.

However, the stock came tumbling down (around 38% in five days) because of heavy profit-booking caused by the stock being placed on a temporary F&O ban list by the NSE.

The stock faced another crash of 15% on 29th October when the Government announced that it would be taking a share of 50% of the convenience fee revenue of the company. However, this announcement was later withdrawn.

3. Cryptocurrencies

Cryptocurrencies were even more volatile than usual this year. Prices of Bitcoin plunged more than 30% in 24 hours (on 19th May) caused by unfavorable tweets by Elon Musk and the announcement by the Chinese government banning financial institutions from providing cryptocurrency-related services.

But as they say, the very hallmark of cryptos is volatility, Bitcoin and the likes shall always be rollercoaster rides, mirroring the extreme uncertainty the world faces.

4. Fiscal Deficit

The Budget is always expected to affect the stock market, and it does. However, this year marked the best intraday performance of the Nifty on a budget day since at least 1996.

On budget day, the Nifty soared 4.7% while the Sensex made gains of 2,300 points. One major factor that contributed to the optimism was the fiscal deficit target of 6.8% which was the highest since 1994.

Higher fiscal deficit means that spending on critical issues such as housing, infrastructure, and healthcare would be higher.

5. ITC Spike

ITC is such a giant in the Indian stock market that any price movement is watched and noted by investors. While ITC had been continuously underperforming, on 16th September, ITC witnessed a surge of 8.1% in intraday trading.

This sharp spike was caused by reports that the Indian government would allow greater foreign direct investment in the tobacco industry, a sector that provides around 48% of the company’s revenue. This was also taken quite jovially by traders who celebrated the uptick with much-liked memes across social media.

In conclusion, in 2021, the Indian stock markets prevailed over the effects of the pandemic and the resultant lockdowns. Even though the GDP of the country has contracted this calendar year, the performance of Indian stock market has been bullish, thanks to the anticipated resumption in growth.

Surprises and volatility may be seen as an evil, but it’s not necessarily so, especially for traders.

Perhaps, riding through volatility with proper risk controls is what separates successful traders from the lot.

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Enjoyed the read? Watch out for our next article in the 2021 Market Round-Up series.

2021 has been a good year for the Indian stock market and for IPOs in particular. There were 51 IPOs that took place during the year. 38 of these stocks are trading above their offer prices, of which 15 have more than doubled in value from their offer price.

Overall, the amount of money raised through IPOs so far in 2021 has been more than 1.08 lakh crores. Some companies that went public this year include Nykaa, Sona BLW, MTAR Technologies, Nazara Technologies, India Pesticides, Shyam Metalics, and more.

In our first article of our 4-part Market Round-up 2021 series, we discuss the IPO performance of some of the most prominent companies since their 2021 IPOs.

Zomato

This company needs no introduction. The company started out as an app for exploring & posting reviews of restaurants and they have turned into one of the biggest food delivery services in India.

Zomato had one of the most successful IPOs in 2021. It was also the first Internet company IPO in India and grabbed much attention from investors and traders alike.

The final offer price of the company stood at Rs. 76, and it opened on its first trading day at Rs. 116. The stock closed at Rs. 125.30, which marked gains of 64.8% from its final offer price.

The company managed to raise Rs. 9.375 crores from its IPO.

PayTM

PayTM is another internet company that we have on the list. The company started out as a digital payment service, and it has branched out into e-commerce, financial services as well. The company garnered a lot of interest and IPO analysis during its book building.

However, despite a lot of optimism surrounding the company, the stock plummeted by 27% on its listing day, making a tepid debut. PayTM failed to perform as per expectations post-IPO and has delivered returns of -26.4% since then.
Despite the negative returns, analysts are starting to be bullish on the company again, seeing the strong growth in the number of users of the company’s services.

Paras Defence

Paras Defence and Space Technologies is a Mumbai-based company that specializes in engineering and testing products for the Indian defence sector. The company has been in operation since 2009.

Paras Defence performed admirably on the first day of trading itself. The company had an issue price of Rs. 175, but opened at a whopping Rs. 475. The stock hit the upper circuit of 5% on the first trading day providing stellar IPO returns.

Since its IPO, Paras Defence has delivered returns of 47.8% till date. The company’s IPO was oversubscribed by 304.26 times, which makes it the largest oversubscription since 2007.

Laxmi Organic

Laxmi Organic is a chemical manufacturing company that has been in operation since 1989. The company is the largest manufacturer of ethyl acetate in the world.

Laxmi Organic also makes it to the list of companies that gave a glitzy recent IPO performance. It had an issue price of Rs. 130 and started trading with a premium of 20.15%. The company has gone from strength to strength since then and has delivered returns of 156.9%. The massive success of this stock can be attributed to high sales and stellar quarterly results.

Wrap Up

Not every company managed to perform well in 2021, but there were many that did. Many of the IPOs in the year managed to exceed expectations, while some failed to impress.

We hope that you found our IPO performance analysis insightful and got lucky in stocks that made bumper listings, even as a trader!

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Enjoyed this article? Watch this space for more in our 2021 Market Round-up series!