Weekly Commentary – 2nd August 2019

Nifty Closes Below 11,000 Comparison of indices – closing 2nd August vs 26th July Nifty50 ended below the psychological 11,000 mark with a loss of 2.5% from last Friday’s closing. All sectoral indices, apart from IT were in red. Nifty Midcap (-2.8%) and Smallcap...

Weekly Commentary – 26th July 2019

Markets finding support Comparison of indices – closing 26th July vs 19th July. The trend seems to have reversed this week. After losing on all 4 days, Nifty50 seemed to have found support today to gain 0.29% today and end the week lower by 1.2% over last...

Weekly Commentary – 19th July 2019

Deeper Red Comparison of indices – closing 19th July vs 12th July.Further weakening After moving upwards early in the week, Nifty50 fell sharply yesterday and today to close 1.2% below last Friday’s closing. Midcap (down 4.2%) and smallcap (down 3.7%) continued...

Weekly Commentary – 12th July 2019

Down all the way Comparison of indices – closing 12th July vs 5th July.Markets yet to find a bottom Nifty50 continued to slide last week (down 2.2%). Weakness was evident across capitalisation – midcap (down 2.2%) and smallcap (down 2.0%) following the broader...

Weekly Commentary – 5th July 2019

Up some, Down some Comparison of indices – closing 5th July vs 28th June.Budget does not cheer the market Nifty50 had a good run this week from last Friday to Thursday (+1.34%). Budget did not appear to meet market expectations and Nifty 50 slipped to end marginally...

Weekly Commentary – 28th June 2019

Up and about Comparison of indices – closing 28th June vs 21st June.Index up with a broad based rally Nifty50 had a good run this week (+0.6%). Rally was broad-based with Midcap (+1.4%) and Smallcap (+0.9+) also gaining. Sector-wise, almost all sectors gained...
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