The Nifty clocked in a modest +0.34% rise this week, largely driven by FMCG.
Index Performance
Top Winners and Losers (CNX 100)
| GODREJCP | +11.88% |
| GSKCONS | +13.49% |
| HINDUNILVR | +14.05% |
| ASHOKLEY | -14.61% |
| YESBANK | -13.43% |
| INDUSINDBK | -11.50% |
FMCG stole the show while Ashok Leyland stock holders lost their shirts…
ETFs
| GOLDBEES | +0.65% |
| NIFTYBEES | +0.50% |
| JUNIORBEES | +0.22% |
| INFRABEES | -1.00% |
| PSUBNKBEES | -5.14% |
| BANKBEES | -5.42% |
Banks got hammered thanks to RBI’s liquidity draining actions to support the rupee…
Advancers Decliners
The A/D line continued on its downward trajectory…
Yield Curve
The yield curve inverted…
Sector Performance
And the market went all defense…
Thought for the weekend
Mr. Bernanke, Fed Chairman: Nobody really understands gold prices and I don’t pretend to understand them either.