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.
Nifty on the Daily Chart
Markets this last week have been quite disappointing. Until the last day of August 27, there was an expectation that some relief might come on the tariff front, just as the US administration has done earlier by delaying tariff deadlines. But this time, that did not happen. The Indian government also held firm, refusing to bow down. Interestingly, in the last two days after the tariff was applied, the government narrative has shifted slightly, hinting at reconciliation and a possible middle ground. Whether that helps in the coming weeks remains to be seen.
The GDP numbers that came out were decent. While 17 out of 20 sectors showed slower growth, the overall GDP figures looked reasonably stable. So while sectoral momentum has cooled, the broader economy still seems to be holding up.
Nifty, however, had a poor week, falling 1.78%. It was a short trading week. After starting the decline on Friday, August 23, Monday saw some relief, but Tuesday, Thursday, and Friday offered no respite. The index now resembles a head-and-shoulders pattern, raising concerns that without some positive news soon, it could break below its neckline.
Nifty – Weekly Chart Perspective
On the weekly chart, Nifty is once again near the support level tested three weeks ago. A break below that support would be damaging, likely pushing the market into lower territory. The key level to watch is around 24,400, which now stands as a critical support zone.
S&P 500 Overview
The US market, meanwhile, was flat with a doji week, down just 0.1%.
GOLD Overview
Gold surged 3.2% to close at a new all-time high of ₹10,351 per gram, reaffirming the classic trend: whenever equities struggle, gold finds strength. From its levels just 18 months ago, gold has climbed dramatically.
Dollar Index Overview
The dollar index remained steady without a decisive breakdown. If it does start to fall, that could fuel more legs in both the gold rally and emerging market performance. Benchmark indices across the board had a red week, with losses ranging from 1.7% to 3.2%.
Benchmark Indices Overview
The dollar index remained steady without a decisive breakdown. If it does start to fall, that could fuel more legs in both the gold rally and emerging market performance. Benchmark indices across the board had a red week, with losses ranging from 1.7% to 3.2%.
Sectoral Overview
Sectorally, FMCG was the lone gainer, up 0.7%. Every other sector closed lower, with capital markets down 7.6%, real estate 4.3%, PSU banks 3.5%, tourism 3.5%, oil and gas 3%, and financial services 2.9%. The pressure was widespread, with no real pockets of strength.
Momentum rankings still place consumption stocks at the top, followed by autos, MNCs, and FMCG. On the other hand, defense, energy, real estate, and PSEs have fallen to the bottom. Capital market stocks, once leaders, have collapsed dramatically from the top spot to near the bottom within weeks. Pharma, commodities, and IT showed some relative resilience, though IT’s strength remains inconsistent across timeframes.
IMPORTANT ANNOUNCEMENT
We are now live on our official WhatsApp Channel. We have been sharing all our strategy updates, rebalances, and important announcements here. Please watch this video to know more & join in at the earliest possible.
Why this change?
Because it’s simpler, faster, and right where you already are — WhatsApp makes staying updated effortless.
Stay updated with:
• Strategy updates & rebalances
• Exclusive announcements & offers
Here’s an instruction manual if you are not aware of Whatsapp Channels
Introducing Mi Allcap GOLD
We’re excited to announce the launch of Mi AllCap GOLD, a new core investment strategy from the House of WeekendInvesting.
This strategy 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
We give advance notice here on the upcoming changes in your smallcase for Monday. This advance notice can be used to ignore Monday’s update if there is no change. If there is a change indicated you can use the smallcase app or log in to weekendinvesting.smallcase.com to see the rebalance.
Note: We are not including LIQUIDBEES as an ADD or an EXIT count.
