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 Weekend Investing Stock Market review for the week ending July 31 addresses a month defined by considerable market volatility. While Indian domestic markets remained relatively quiet, global equity markets navigated a turbulent period characterized by artificial intelligence stocks reaching peak valuations, experiencing a sharp sell-off, and subsequently attempting a recovery. Concurrently, broader global macroeconomic conditions and geopolitical tensions remain uncertain, signaling a potentially uneven trajectory ahead despite the constant potential for market surprises.
Nifty – Weekly Chart Perspective
An analysis of the weekly charts reveals that the domestic market gained 2.5% over the past week. However, viewing the trend across a four-week horizon shows the market remaining virtually flat at the 24,300 level, which mirrors where it stood four weeks prior as well as twelve weeks prior at 24,380.
Following a sharp correction around March, the market staged a recovery and established a slightly higher bottom. A decisive breakout above current overhead resistance could clear the path for a move toward the 25,000 level in the near term, offering a constructive technical outlook for the coming month.
From an alternative perspective, the chart structure could be interpreted as a developing flag pattern. Under this scenario, a breakdown below the lower trendline could trigger further downside, with an immediate technical support level near 22,000. This outcome is considered a low-probability event because excess leverage and speculative capital have largely exited the market, leaving patient long-term capital intact. Despite global turbulence, the domestic market structure has exhibited noteworthy stability.
S&P 500 Overview
International equity markets showed signs of stabilization over the latest trading sessions. The S&P 500 rose 1% for the week, leaving a prominent lower shadow on the weekly candlestick chart that indicates a rebound in recent trading days and a stable overall technical picture for United States equities.
GOLD Overview
Gold prices fell 1.5% during the week, extending a sideways consolidation pattern that has persisted for six weeks. Following the broader decline initiated in March, gold has touched multiple support levels and flattened out; given its proximity to weekly and monthly oversold territory, a relief rally remains a distinct technical possibility to alleviate current oversold pressure.
Crude Oil, USD/INR & India Vix Overview
Key macroeconomic indicators displayed notable moves across currency and commodity markets. The USD/INR currency pair fell 1.2% as the Indian Rupee strengthened to 95.38. Brent crude oil declined from $98 to $91 per barrel over the week. The Volatility Index dropped by 16%, signaling cooler sentiment and calmer trading conditions. Furthermore, the US Dollar Index declined from 101.4 to 99.8; maintaining a position below the 100 mark along a downward trajectory generally creates favorable tailwinds for Indian equities and precious metals.
Global Indices Overview
On a global comparison scale, India ranked as the top-performing equity market worldwide in dollar terms for the week, followed closely by Germany, Japan, China, and Australia. The weakest regional performers for the week included Canada, the Russell 2000 index, and South Korea.
South Korea experienced sharp pullbacks, registering a 14.6% decline over the past month. Across a three-month timeframe, Brazil stands as the worst-performing global market, whereas over a full one-year period, South Korea retains the top global spot while India sits at the bottom of the table.
Global Momentum
According to global momentum scoring models, Japan currently leads the global asset allocation tables alongside the United Kingdom and Europe. South Korea, Brazil, Germany, France, and the United States occupy middle-to-lower positions. Although India held the top spot on a single-week return basis, its cumulative average momentum score remains near the bottom of global comparisons.
Benchmark Indices Overview
Among domestic benchmark indices, the Nifty and Nifty Next 50 advanced by approximately 2.5%, while mid-cap and small-cap indices recorded slightly smaller gains.
Sectoral Overview
Sector performance was led by Indian Information Technology stocks, which received a significant boost. Indian IT operates primarily within software services, an area that often faces sentiment headwinds during intense artificial intelligence rallies due to concerns regarding service replacement.
Conversely, when global AI stocks undergo a correction, capital rotates back into traditional software services. This rotation drove the strong performance in IT stocks following the recent volatility in global AI equities.
The Automobile sector performed strongly with a 5.6% gain, while the Media sector surged 6%. Sectoral declines were minimal across the board, though Central Public Sector Enterprises fell nearly 2%.
Overall sectoral momentum rankings show Pharmaceuticals holding the top position, with Automobile, Media, and Real Estate also presenting bullish chart configurations. Conversely, Energy PSEs, Fast-Moving Consumer Goods, Central PSEs, and Oil and Gas continue to lag at the bottom of the 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
