The Good Bad and Ugly weekly review : 17 Mar 2022

Performance Update

G-R-E-E-N seems to have been the unanimous choice of color gifted by Dalal Street to fellow investors this week to mark HOLI. Nifty 50 has clocked close to 10% since making a low of 15671 on 8th March 2022 and has now closed above it’s 200 DMA as well which might bring cheer to many many folks. In this week, Nifty gained (+4.17%) while other benchmark indices grabbing between 2.5% to 4%. to A lot of eyes would now be on whether markets will go further higher to make a new all time high in the coming times. METALS , ENERGY & IT continued their strong FY run with handsome gains. Almost all strategies benefitted immensely from this strong bounce as we look to close out the last 2 weeks of the current FY with flying colors.

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