Weekly Recap: Lean vs. Fat Worlds

world equity markets weekly map

The Nifty clocked in a respectable +1.97% (+2.12% in USD terms) this week.

Major
DAX(DEU) +0.36%
CAC(FRA) +0.62%
UKX(GBR) -0.41%
NKY(JPN) -0.17%
SPX(USA) +0.84%
MINTs
JCI(IDN) -0.56%
INMEX(MEX) -2.47%
NGSEINDX(NGA) +3.30%
XU030(TUR) -2.15%
BRICS
IBOV(BRA) -0.60%
SHCOMP(CHN) -2.72%
NIFTY(IND) +1.97%
INDEXCF(RUS) -2.89%
TOP40(ZAF) -0.42%

Nifty Heatmap

nifty weekly performance heatmap

Index Performance

IT and Autos led the pack…

weekly index performance

Top winners and losers

HINDALCO +7.89%
CUMMINSIND +8.62%
BHEL +11.39%
NTPC -15.14%
TATASTEEL -8.17%
NMDC -7.04%
Heavy industries did the heavy lifting. NTPC got smacked by the new power pricing scheme.

ETFs

PSUBNKBEES +2.72%
BANKBEES +1.99%
NIFTYBEES +1.79%
GOLDBEES +0.22%
JUNIORBEES -0.30%
INFRABEES -1.50%
Have banks found a bottom? Infrastructure continued to get pulverized.

Advancers and decliners

Brown shoots?

advance decline line

Investment Theme Performance

Look at the performance roundup of all our Themes here.

Sector Performance

weekly sector performance

Yield curve

What the hell happened here?

weekly moves in the yield curve

Thought for the weekend

It’s time that we start describing the world as “fat” or “lean.” “Lean” societies approach consumption and production with scarcity in mind. And what makes an economy “fat”? Plenty is normal. Fat economies must stop assuming that poor countries should mimic them and instead embrace their models for social innovation and efficiency.

Source: The End of The ‘Developing World’

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