Mi50 stocks got hit along with the rest of the market. No major damage however. No changes as well this week
The mi50 portfolio closed at +16.4% , about 3% lower that last week. The benchmark indices lost about a percent each. The Nifty closed at +4.5% and the CNX500 at +5% for the FY 1617
The under performance could be attributed to the sugar stocks and some industrial stocks.
The Brexit vote is in and the world is now a different place. Lets see where it takes us….As long as we have confidence on our system, we know whatever path the market may chose, we shall come out victorious.