The NIFTY ended -1.23% for the week in spite of Friday’s +1.92% rally. The worst hit was the Metals Index, down 5.33% for the week.
Index Performance
Top Winners and Losers (CNX 100)
ETFs
| JUNIORBEES | -4.46% |
| INFRABEES | -3.18% |
| BANKBEES | -3.06% |
| NIFTYBEES | -1.20% |
| GOLDBEES | -0.70% |
| PSUBNKBEES | +1.71% |
Advancers-Decliners (CNX 100)
The AD line is showing a slight uptick. Bulls will be keeping a close eye on the sustainability front.
Yield Curve
Is the bond market signalling that there’s not going to be a rate cut this week? Rising short-term yields doesn’t bode well for the rate-cut chorus boys.
Sector Performance
Here’s a more nuanced break out of what happened over the week across different sectors.
Thought for the weekend
It is possible that you could get hit by lightning, or win the lottery, or marry a supermodel. When we describe something as possible, we mean there is a non-zero likelihood of that outcome — it could happen; we just don’t know if it will or will not, but it might. Probable is more nuanced mathematics — there is a n% chance of a given outcome, where n = a number between 0-100.
Anything that is Probable must by definition be Possible; However, not everything that is Possible is going to be Probable.
Source: Possible versus Probable
