Weekly Recap: Time is not money

nifty performance heatmap

The market opened October with a bang, rallying 3% (+5.3% in USD terms).

Index Performance

Pretty much everything except FMCG ended in green.

index performance

Top Winners and Losers

YESBANK +9.74%
SAIL +10.21%
BANKINDIA +10.48%
APOLLOHOSP -4.91%
HINDUNILVR -3.30%
NTPC -3.29%
SAIL away…

ETFs

BANKBEES +5.00%
PSUBNKBEES +2.83%
NIFTYBEES +2.61%
INFRABEES +2.52%
JUNIORBEES +1.12%
GOLDBEES -1.88%
Banks staged an impressive rally…

Advancers and Decliners

advancers and decliners

Yield Curve

The curve seems to be normalizing…

india yield curve chart

Interbank Rates

… and so are interbank lending rates.

mibor

Sector Performance

sector performance

Thought for the weekend

Thinking about time has the opposite effect on people from thinking about money. It makes them more honest than normal, rather than less so. Moreover, the more reflective they are, the more honest they become.

Source: Time is not money