The Nifty ended the week up +0.63% (+0.93% in USD terms)
Index Performance
The biggest performers were real-estate and banks…
Top winners and losers
| BANKINDIA | +9.55% |
| BOSCHLTD | +11.21% |
| APOLLOHOSP | +13.04% |
| MCDOWELL-N | -4.80% |
| UBL | -2.20% |
| HEROMOTOCO | -1.97% |
ETFs
| INFRABEES | +2.63% |
| BANKBEES | +1.65% |
| PSUBNKBEES | +1.12% |
| JUNIORBEES | +0.83% |
| NIFTYBEES | +0.67% |
| GOLDBEES | -0.57% |
Advancers and Decliners
Yield Curve
The short-end of the curve seems to be moving up. Is the market expecting a rate-hike in Jan?
Investment Theme Performance
style=”color:green”>+2.83%Market Fliers+2.47%Market Elephants+2.31%Efficient Growth+2.04%Enterprise Yield+1.02%Velocity+0.57%Long Term Equity+0.27%ADAG Mania+0.22%Momentum 200-0.21%
Sector Performance
Cyclical stocks stole the show…
Thought for the Weekend
For a given set of environmental contingencies–e.g., history, culture, demographics, etc.–the equity allocation preference is mean reverting. It rises in expansionary parts of the cycle, as people become more optimistic about the future and more eager to maximize what they see as attractive returns, and it falls in contractionary parts of the cycle, as people become less optimistic about the future and more concerned about protecting themselves from losses.
Source: Where do returns come from?