The Good Bad and Ugly weekly review : 18 Feb 20221 min read

Performance Update

Markets have been on a consolidation mode for quite some time after setting a new peak in Mid October 2021. This week started on a catastrophic note with Nifty losing a big 3% on valentines day while also coming close to breaking the important support of 16830. Thankfully the very next day closed with a (+3%) to prevent further damage on the downside. Smallcaps lost the most with (-3.15%) while Nifty 50 did well to close flat. Amongst the sectors, METALS & PSU BANKS lost about 4%. In the last one month, IT & REALTY have corrected by close to 10% each. It was indeed a tough week for all WeekendInvesting Strategies where the corrections continued. Let’s hope markets will be kind enough to help us get out of the drawdowns and close this FY on a strong note.

Please click on the link below to read the full report.

Related posts

June 26, 2019 by Weekend Investing
November 22, 2019 by Weekend Investing

Practical insights for wealth creation

Join the thousands of regular readers of our weekly newsletter and other updates delivered to your inbox and never miss on our articles.

Thank you. You will hear from us soon.

Mail Sent Failed !

    vector
    guest
    0 Comments
    Inline Feedbacks
    View all comments