The WeekendInvesting Newsletter is a daily newsletter that summarizes all the stories we cover during the day(market nuggets), including the daily byte that we shoot every evening. This newsletter will be delivered to your email every evening on market days, providing you with a wealth of market-related information. The newsletter includes both summaries and long-form blogs for all the market nuggets covered. These blogs are also link.
Check out our past newsletters.
The Nifty failed to close in the green once again this week, marking seven consecutive red weekly candles, six of which reflected minor but persistent weekly losses. This prolonged decline leaves the Nifty in an oversold zone.
Nifty – Weekly Chart Perspective
Seven consecutive weeks of losses is a rare occurrence in the market and is typically followed by a technical bounce. As a result, there is a high probability of a relief bounce in the coming weeks from the current level of 23,350.
S&P 500 Overview
Meanwhile, the US market faced early weekly weakness but managed a full recovery to close virtually flat. Chart patterns indicate that the US market is forming a flag setup, positioning itself for a potential next leg upward.
GOLD Overview
Gold broke its downward trend this week, advancing 1.1 percent despite Kevin Warsh raising interest rates by a quarter percent. Under normal circumstances, higher interest rates trigger a decline in gold prices, making this upward move an unconventional outcome. The market appears to be anticipating that central bank rate hikes are near their end, with perhaps only one or two remaining before elevated interest rates exert excessive pressure on a debt-ridden global monetary system.
Despite the rate increase, equity markets, commodity markets, and oil prices held firm without dropping. This indicates that the market is beginning to take control away from central bankers as their grip weakens. Additional market activity is expected in the months leading up to the US midterm elections, particularly with executive preferences leaning toward lower interest rates.
Crude Oil, USD/INR & India Vix Overview
Macroeconomic metrics showed the Dollar Index rising by 1 percent this week, while the USD INR exchange rate slipped to about 96. Brent crude oil declined by 1 percent compared to the prior week, and the India VIX dropped significantly by 7 percent.
Although crude oil briefly touched 108 to 110 during the week before pulling back, it did not cause lasting harm to the Indian equity market on a week-to-week basis.
Global Indices Overview
Across global indices, performance remained subdued for a second or third consecutive week, with no major market delivering substantial gains. The Nasdaq gained 0.7 percent in dollar terms, while the Nikkei ended flat. South Korea dropped nearly 3 percent, while European indices, including France and Germany, alongside Brazil, logged negative returns. Over a one-month period, only Brazil and South Korea recorded positive dollar-termed returns at 11 percent and 8 percent, respectively.
Global Momentum
In global momentum rankings, US indices like the Nasdaq and S&P 500 jumped from the lower half to the top, joining Japan and Brazil, while France, India, Euro Stoxx, and Germany remained near the bottom. India has struggled to exit the bottom five global rankings for an extended period.
Benchmark Indices Overview
Benchmark indices delivered lackluster moves within a narrow range of plus or minus a quarter percent, reflecting a sideways market.
Sectoral Overview
Sectorally, defense stocks experienced a sharp sell-off of 3.8 percent, Central Public Sector Enterprises dropped 1.7 percent, and general Public Sector Enterprises fell 0.9 percent. The only modest gainers were Media, FMCG, and Tourism, with Tourism rising 1.8 percent.
Pharma and metals currently lead the sectoral rankings. Capital market stocks faced heavy selling following the announcement of the NSE IPO, which dampened expectations for higher valuations. Banking stocks fell sharply, and defense stocks collapsed over both weekly and monthly horizons.
Auto and real estate sectors continue to feel the pressure of the ongoing interest rate hike cycle, displaying notable weakness over the past month. FMCG showed slight improvement from recent lows, whereas IT, Central PSEs, and PSUs continue to underperform.
Introducing All Seasons
Markets reward patience — but rarely make it easy.
Even index investors — owning India’s top 50 companies through the Nifty 50 — struggle to stay the course. Drawdowns hurt, flat markets drain conviction, and emotions often break compounding faster than crashes do.
That’s exactly why we built All Seasons — a simple, rule-based strategy that helps you stay invested through every phase of the market by dynamically balancing between Nifty 50 (for growth) and Gold (for stability).
📈 Growth — Nifty 50
Own India’s strongest 50 companies — the backbone of our economy. Participate in the nation’s long-term growth story without picking stocks or timing entries.
🛡️ Stability — Gold
Crises strike without warning. Gold rises when equities stumble — acting as your portfolio’s natural hedge and emotional anchor.
⚙️ The Engine Behind It
All Seasons shifts allocations every fortnight based on market conditions:
- When equities run hot, exposure trims automatically.
- When they’re beaten down, the system increases weight.
- Gold moves in the opposite direction — balancing every phase.
No guesswork. No emotion. No fear of missing out — just a calm, intelligent portfolio that adapts to markets for you.
Who is this for?
✅ Index investors who want smoother participation
✅ New investors who prefer ETFs over stock-picking
✅ Professionals who can’t invest in direct equities
✅ Seasoned investors looking to add stability to their core
✅ Anyone who wants to stay in control without daily decisions
Price: ₹4,999 per year
Recommended Capital: ₹2–30 lakh
Introducing Mi Allcap GOLD
Mi Allcap GOLD is designed for investors who want broad equity exposure with a built-in hedge. It combines:
25% Large Caps – for stability
25% Mid Caps – for growth
25% Small Caps – for alpha
25% Gold ETFs – as a permanent hedge
Mi AllCap GOLD follows a rules-based, momentum-driven approach to select the strongest stocks in each segment. The portfolio is rebalanced monthly to ensure it stays aligned with market leadership — with no human discretion involved.
Why Mi AllCap GOLD?
All-in-one exposure to all equity tiers + gold
Rebalance Frequency : Monthly
Momentum Style : Rotational
Whether you’re just starting your wealth journey or looking to anchor your core portfolio, Mi AllCap GOLD offers a powerful blend of momentum, diversification, and downside protection.
Don’t just diversify — balance wisely.
Rebalance Update
