The Good Bad and Ugly weekly review : 15 July 2022

Performance Update

Just when we thought we were on an upward march, Nifty yet again couldn’t sustain and seems to have made yet another lower high indicating continuation of the downward trend. Nifty returned (-1.06%) this week while some other benchmark indices that we track – like the Nifty Jr (+1.48%) & Mid Small 400 index (+1%) had contrasting positive outcomes. Most sectors were in the green territory barring banking and IT. IT in fact was a shocker at (-6.25%). This sector has looked severely weak in the last 3 months at (-22.91%) along with METALS at (-27.11%). Most of the WeekendInvesting strategies did quite well to capitalize well to capture the upward movement across the breadth the markets. The performance is updated below.

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