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Weekly Commentary – 19th July 2019
Comparison of indices – closing 19th July vs 12th July.Further weakeningAfter 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 to weaken. Auto...
Weekly Commentary – 12th July 2019
Comparison of indices – closing 12th July vs 5th July.Markets yet to find a bottomNifty50 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 market trend. Amongst...
Weekly Commentary – 5th July 2019
Comparison of indices – closing 5th July vs 28th June.Budget does not cheer the marketNifty50 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 better than last...
Weekly Commentary – 28th June 2019
Comparison of indices – closing 28th June vs 21st June.Index up with a broad based rallyNifty50 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 handsomely: Realty...
Weekly Commentary – 21st June 2019
Comparison of indices – closing 21st June with 14th June 2019. Lost on Friday what looked like a winning weekMost indices turned red as Nifty 50 lost 108 points (0.91%) today to have the week close at 0.8% below previous week. Small cap was worst hit with index losing...
Weekly Commentary – 14th June 2019
Comparison of indices – closing 7th June 2019 and 14th June 2019. Indices continue to weaken during the week after showing signs of uptickNifty lost early gains during the initial days of the week to close in red again this week. Most key indices lost ground, apart...
Weekly Commentary – 7th June 2019
Comparison of indices – closing of 31st May 2019 and 7th June 2019. Significant events during the week. Downward pressure despite repo rate cut.Week with a downward pressure where it gave up early gains. Nifty lost 0.44% last week (compared to last Friday – 31st May...