The Nifty went down on both knees, down -3.54%, and Financial Tech and MCX got bent. IT was once again the best performing sector, benefiting from the Rupee’s slide.
Index Performance
Top winners and losers (CNX 100)
| LUPIN | +4.22% |
| BAJAJHLDNG | +4.28% |
| TITAN | +8.13% |
| JPASSOCIAT | -28.78% |
| DLF | -25.47% |
| PFC | -19.20% |
ETFs
| BANKBEES | +0.86% |
| GOLDBEES | +0.49% |
| INFRABEES | +0.47% |
| NIFTYBEES | -2.36% |
| PSUBNKBEES | -2.76% |
| JUNIORBEES | -6.72% |
Advancers and Decliners
A lot of breakage here. Tread carefully.
Yield Curve
The yield curve remained inverted with long term rates trending higher.
Sector Performance
Though for the weekend
During the whole modern era from 1750 onward—which contains, not coincidentally, the full life span of the United States—human well-being accelerated at a rate that could barely have been contemplated before. Instead of permanent stagnation, growth became so rapid and so seemingly automatic that by the fifties and sixties the average American would roughly double his or her parents’ standard of living. In the space of a single generation, for most everybody, life was getting twice as good.
At some point in the late sixties or early seventies, this great acceleration began to taper off. The shift was modest at first, and it was concealed in the hectic up-and-down of yearly data. But if you examine the growth data since the early seventies, and if you are mathematically astute enough to fit a curve to it, you can see a clear trend: The rate at which life is improving here, on the frontier of human well-being, has slowed.
Source: The Blip