The Nifty rallied 3% (in INR) and 6.5% (in USD) in a week that saw the rupee rally and hope return to the Indian growth story.
Index Performance
All indices, except for IT, ended the week in green.
Top Winners and Losers
You should probably buy this dip in Tech Mahindra…
ETFs
| PSUBNKBEES | +8.05% |
| INFRABEES | +4.77% |
| NIFTYBEES | +3.12% |
| BANKBEES | +2.71% |
| JUNIORBEES | +2.61% |
| GOLDBEES | -3.14% |
Advancers and Decliners
Bulls see hope in the A/D ratio…
Yield Curve
Long-term rates rose but the curve continues to be inverted…
Sector Performance
Most sectors ended the week in the green…
Thought for the weekend
Surprise is information. So an organization that puts all its effort into planning, tracking, monitoring and documenting to minimize surprise and the chance of failure prevents itself from acquiring and spreading information, and consequently from learning.
Source: Why Organizations Should Embrace Randomness Like Ant Colonies