Tough week for market…No change

Mi50 stocks got hit along with the rest of the market. No major damage however. No changes as well this week

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The mi50 portfolio closed at +16.4% , about 3% lower that last week. The benchmark indices lost about a percent each. The Nifty closed at +4.5% and the CNX500 at +5% for the FY 1617

The under performance could be attributed to the sugar stocks and some industrial stocks.

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The Brexit vote is in and the world is now a different place. Lets see where it takes us….As long as we have confidence on our system, we know whatever path the market may chose, we shall come out victorious.

Happy Weekend!

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