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.
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Nifty – Weekly Chart Perspective
The Nifty index generated a negative mirror candle of 2.36% for the week, completely engulfing the gains achieved in the previous week. Although the index currently stands around 22,600 rather than dropping directly to 22,200, the potential for a deeper market breakdown remains present. Falling below the recent support level from which the market previously bounced could create additional downside pressure in the coming week.
Alternatively, the market might hold support around 22,200 and consolidate near these levels until the Federal Reserve meeting occurs next week. This market pressure is largely driven by the unwinding of the AI trade and strong expectations that the Federal Reserve will raise interest rates on Tuesday night India time, an outcome for which global markets are actively pricing in risk.
S&P 500 Overview
In global assets, the S&P 500 experienced a minor pullback of 0.47%, a relatively modest move following its substantial extended rally.
GOLD Overview
Gold sits in a precarious position after falling 4% to test historical support levels. A breakdown below these key technical supports would signal further price declines as part of an ongoing consolidation pattern, though the long-term trend remains structurally intact.
Gold should consistently be viewed as a strategic allocation rather than a short-term trading vehicle. Its core purpose is to function as an ultimate insurance policy against inflation, political uncertainty, and currency risks. Short-term price fluctuations should not disrupt an allocation framework, even when short-term moves appear counterintuitive relative to prevailing market uncertainty.
Crude Oil, USD/INR & India Vix Overview
In currency and commodity developments, USDINR movements remain in focus while Brent crude oil advanced to 116 dollars. A 100-year monthly chart of crude oil indicates potential for prices to rise significantly higher, presenting a challenging economic scenario as elevated energy costs impact broad market sectors.
Historical price trends generally hold true unless unexpected supply enters the market or geopolitical conflicts indicate a resolution, neither of which is occurring presently. This backdrop is driving widespread inflation and supply scarcity, forcing market bond yields higher even before central banks officially implement interest rate increases. Navigating this economic cycle requires enduring this volatile period until broader conditions normalize.
Global Indices Overview
Global equity market performance showed notable divergence, with the Nifty 500 and the Hang Seng standing out as the worst-performing major indices, each falling 4%. Japan declined 3%, while France dropped 2% despite ongoing domestic disruptions.
Conversely, Brazil, the Russell 2000, and Australia secured modest gains between 1.5% and 2%, while other major global markets traded flat.
Global Momentum
In terms of global momentum scores, Brazil holds the top position, followed by the S&P 500 and Canada. India, the Hang Seng, France, and broader European indices now sit in the lowest momentum quadrant, with the Hang Seng ranked below India.
Benchmark Indices Overview
Domestic benchmark indices experienced severe weakness, with the Smallcap 250 falling 7% and the Midcap 150 dropping 5.2%, with the majority of these declines occurring during the final two trading sessions of the week. The Nifty held up relatively better with a 2% decline. Over a one-year horizon, the Nifty is down 12%, while small caps and mid caps are down 5% and 6% respectively. Over a one-month timeframe, small caps dropped 10.5%, mid caps fell 9.6%, and the Nifty declined 3%. Multi-year returns have also softened, with the Nifty recording cumulative returns of 4.96% over three years and 4.52% over five years.
Historically, when five-year compound annual growth rates reach these lower levels, it often indicates proximity to a market bottom, though the exact timing remains uncertain. So long as underlying economic growth continues, market valuations are unlikely to stay suppressed indefinitely.
Sectoral Overview
Sector performance was overwhelmingly negative, with no major sector showing strength. The worst-performing sectors included capital markets, defense, MNCs, metals, and real estate, as rising interest rate expectations severely impacted rate-sensitive sectors.
On sector momentum rankings, IT, pharma, and PSU banks hold the top positions, with IT showing notable improvement after an extended slump. In contrast, public sector enterprises, FMCG, MNC stocks, and real estate occupy the bottom positions in sector momentum rankings.
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
Attention: A special rebalance has been announced in the MONTHLY STRATEGIES. Please rebalance your portfolio on Monday, 26th Oct.
