The Nifty shot up +1.36% (+2.55% in USD terms)
Index Performance
Cyclical and Bank stocks drove the rally…
Top Winners and Losers
| JINDALSTEL | +9.82% |
| AXISBANK | +10.71% |
| TATAPOWER | +11.19% |
| GODREJCP | -6.56% |
| HINDUNILVR | -5.90% |
| ASHOKLEY | -3.27% |
The market is chasing a new dawn… and hoping for a lotus bloom…
ETFs
| PSUBNKBEES | +5.75% |
| BANKBEES | +5.35% |
| INFRABEES | +3.88% |
| NIFTYBEES | +1.80% |
| JUNIORBEES | +1.77% |
| GOLDBEES | -1.04% |
Bye-bye Gold? Also, PSU Banks… really?
Advancers and Decliners
Green/brown shoots for market depth?
Yield Curve
Yields actually went up last week. The fixed-income market doesn’t seem to be sharing the stock-market’s enthusiasm…
Interbank Rates
Investment Theme Performance
| Quality to Price | +4.52% |
| Market Fliers | +3.20% |
| ADAG Mania | +2.51% |
| Growth with Moat | +1.67% |
| Long Term Equity | +1.43% |
| Balance-sheet Strength | +1.28% |
| Enterprise Yield | +1.10% |
| Market Elephants | +0.92% |
| Magic Formula Investing | +0.78% |
| Efficient Growth | +0.11% |
| Momentum 200 | -0.21% |
| Velocity | -0.21% |
| Financial Strength Value | -0.97% |
Value and high-beta baskets outperformed momentum. Once again, trend followers are having a tough time…
Sector Performance
Thought for the Weekend
If you want your brain to unconsciously process a math problem, it would be better to have the distractor be something totally different, like playing tennis, rather than something similar, like a spatial puzzle.
People who engage in “workplace Internet leisure browsing” are about 9% more productive than those who don’t.
Finally, break time — the last unmanaged part of the workday — will no longer be a waste of time.
Source: How To Waste Time Properly