The weekly market news document provides a summary of market performance for the week ending June 5th 2023. Key indices such as Nifty 50, Nifty Midcap 150 and Nifty Smallcap 250 saw minor gains between 0.43-1.31% for the week. Bank deposits and credit saw a decline in the latest fortnight ending May 19th, with deposits shrinking Rs. 59,623 crore and credit declining Rs. 6,181 crore. The RBI also imposed a penalty of Rs. 2.2 crore on Indian Overseas Bank for regulatory non-compliance. Additionally, the document outlines the launch of a new HDFC Defence Fund and updates on counterfeit currency and the transfer