Equities
| MINTs | |
|---|---|
| JCI(IDN) | +1.63% |
| INMEX(MEX) | +0.20% |
| NGSEINDX(NGA) | +0.93% |
| XU030(TUR) | -1.10% |
| BRICS | |
|---|---|
| IBOV(BRA) | +0.90% |
| SHCOMP(CHN) | -0.11% |
| NIFTY(IND) | +0.20% |
| INDEXCF(RUS) | -1.85% |
| TOP40(ZAF) | +0.65% |
Commodities
| Energy | |
|---|---|
| Brent Crude Oil | +1.06% |
| Ethanol | -9.04% |
| Heating Oil | -1.02% |
| Natural Gas | +0.03% |
| RBOB Gasoline | +3.15% |
| WTI Crude Oil | +0.06% |
| Metals | |
|---|---|
| Copper | -0.32% |
| Gold 100oz | -0.71% |
| Palladium | -2.65% |
| Platinum | -2.27% |
| Silver 5000oz | -4.30% |
Currencies
| MINTs | |
|---|---|
| USDIDR(IDN) | +1.25% |
| USDMXN(MEX) | -0.29% |
| USDNGN(NGA) | +0.20% |
| USDTRY(TUR) | +1.01% |
| BRICS | |
|---|---|
| USDBRL(BRA) | +1.09% |
| USDCNY(CHN) | +0.09% |
| USDINR(IND) | +0.28% |
| USDRUB(RUS) | +1.79% |
| USDZAR(ZAF) | +0.69% |
| Agricultural | |
|---|---|
| Cattle | -0.59% |
| Cocoa | +2.78% |
| Coffee (Arabica) | +0.17% |
| Coffee (Robusta) | -2.17% |
| Corn | -0.38% |
| Cotton | -7.18% |
| Feeder Cattle | +0.40% |
| Lean Hogs | +0.09% |
| Lumber | -5.73% |
| Orange Juice | -2.53% |
| Soybean Meal | -25.03% |
| Soybeans | -12.21% |
| Sugar #11 | -2.24% |
| Wheat | -4.43% |
| White Sugar | +4.07% |
Credit Indices
| Index | Change |
|---|---|
| Markit CDX EM | -0.28% |
| Markit CDX NA HY | -0.08% |
| Markit CDX NA IG | -0.35% |
| Markit CDX NA IG HVOL | +0.88% |
| Markit iTraxx Asia ex-Japan IG | +2.32% |
| Markit iTraxx Australia | +1.30% |
| Markit iTraxx Europe | -0.32% |
| Markit iTraxx Europe Crossover | -0.36% |
| Markit iTraxx Japan | -0.21% |
| Markit iTraxx SovX Western Europe | +0.68% |
| Markit LCDX (Loan CDS) | -0.06% |
| Markit MCDX (Municipal CDS) | +3.00% |
Nifty Heatmap
Index Returns
Sector Performance
Advance Decline
Market Cap Decile Performance
| Decile | Mkt. Cap. | Adv/Decl |
|---|---|---|
| 1 (micro) | -1.51% | 74/71 |
| 2 | -2.23% | 72/72 |
| 3 | -1.08% | 67/77 |
| 4 | -0.32% | 69/75 |
| 5 | -1.86% | 67/77 |
| 6 | -1.24% | 70/75 |
| 7 | +0.60% | 70/74 |
| 8 | -0.34% | 76/68 |
| 9 | -0.32% | 74/70 |
| 10 (mega) | -0.16% | 67/78 |
Top Winners and Losers
ETFs
| NIFTYBEES | +0.30% |
| INFRABEES | +0.27% |
| JUNIORBEES | -0.80% |
| GOLDBEES | -0.82% |
| BANKBEES | -0.88% |
| CPSEETF | -3.84% |
| PSUBNKBEES | -3.92% |
Yield Curve
Bond Indices
| Sub Index | Change in YTM | Total Return(%) |
|---|---|---|
| GSEC TB | +0.36 | +0.06% |
| GSEC SUB 1-3 | +0.31 | -0.28% |
| GSEC SUB 3-8 | +0.08 | -0.01% |
| GSEC SUB 8 | -0.06 | +0.78% |
Nifty OI
Bank Nifty OI
Theme Performance
| IT 3rd Benchers | +2.54% |
| Quality to Price | +2.51% |
| Market Elephants | +2.51% |
| Enterprise Yield | +1.70% |
| Efficient Growth | +1.13% |
| Magic Formula Investing | +0.31% |
| Financial Strength Value | -0.08% |
| Momentum 200 | -0.15% |
| CNX 100 50-Day Tactical | -0.26% |
| Refract: PPFAS Long Term Value Fund | -0.30% |
| Balance-sheet Strength | -0.57% |
| Piotroski ROC Small Caps | -0.80% |
| Growth with Moat | -1.00% |
| Market Fliers | -1.94% |
| Industrial Value | -3.63% |
| ADAG Mania | -4.60% |
Thought for the weekend
The real challenge to Adam Smith’s invisible hand is rooted in the very logic of the competitive process itself.
Charles Darwin was one of the first to perceive the underlying problem clearly. One of his central insights was that natural selection favors traits and behaviors primarily according to their effect on individual organisms, not larger groups. Sometimes individual and group interests coincide and in such cases we often get invisible hand-like results.
In other cases, however, mutations that help the individual prove quite harmful to the larger group. This is in fact the expected result for mutations that confer advantage in head-to-head competition among members of the same species. This conflict pervades human interactions when individual rewards depend on relative performance.
Source: The Darwin Economy – Why Smith’s Invisible Hand Breaks Down
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