Weekly Recap: Less is More

nifty weekly heatmap

The Nifty ended the week –0.43% (-0.17% in USD terms.)

Index Performance

IT corrected and pharma was boosted by expectation-beating earnings…

weekly index performance

Top Winners and losers

NTPC +7.51%
TATASTEEL +7.98%
COALINDIA +8.95%
BHEL -9.84%
ADANIENT -5.51%
SRTRANSFIN -5.41%
BHEL took a tumble. Just when you thought it couldn’t get any worse for the company, it did. But what a move in the metal stocks!

ETFs

JUNIORBEES +0.79%
GOLDBEES +0.34%
NIFTYBEES -0.19%
BANKBEES -0.58%
PSUBNKBEES -1.28%
INFRABEES -1.71%
Infrastructure continues to be in disfavor. Mid-caps saw a bit of a lift towards the end of the week.

Advancers and Decliners

If you stare hard enough, you can see the brown shoots:

advancers and decliners

Investment Theme Performance

This Quality-to-price theme has had an unbelievable ride so far. Time to rebalance.

Sector Performance

weekly sector performance

Thought for the weekend

Brief diagnostic interviews, lasting only five minutes each, were held with a series of patients at the time of their admission to hospital and then presented to groups of experienced psychiatrists who were required to make a diagnosis. The content of the interview was presented in three alternative ways — as a videotape, as an audiotape, or as a written transcript. It turned out that an accurate diagnosis could be made within the first few minutes of an interview and behavioural cues seem to be of little or no importance in this regard, irrespective of the medium (transcript, audio, etc…) i.e. less is more.

 

Source: Do Behavioral Cues Matter?