We witnessed yet another flattish week with Nifty staying afloat after a quick bounce from 15200 odd levels. This seems to be the kind of markets where any sort of a news that has some element of pessimism attached to it can really cause a significant drop on the down side. The reasons for lack of up trend remain the same as discussed before as one needs to patiently wait this phase out as lack of action sometimes can be the better thing to do rather trying to react at all circumstances.
Most Indices returned between (+0.34%) & (+0.94%) while some money seem to be flowing into FMCG which clocked (+2.51%) and METAL and REALTY also saw similar gains of 2% odd this week. Except for FMCG & AUTO all other sectors we track have stayed in the negative territory when you look at the last 30 day performance. All WeekendInvesting strategies barring one made positive gains this week.
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