The Nifty was totally flat in June, just as it was in May:
And for 2018, we are actually up 1.7%.
But the broader market – the CNX 500 – was down 1.6% and is at a negative 3.5% for the year.
This has been a year of contradictions for the market. The major index is concentrated in a few stocks, and they have contributed more to the gains of the Nifty than any of the others. All mid- and small-cap funds have negative returns in 2018, and most funds are now down over 9% for the year.
Meanwhile, we’re up about 1.7% for the year on the Nifty, and here’s how things have panned out in previous years till June.
For the sake of people who follow the BSE, here’s the Sensex:
Charts: A Crazy June Ends With A Flat Nifty But Horrible Everything Else
Like our content? Join Capitalmind Premium.
- Equity, fixed income, macro and personal finance research
- Model equity and fixed-income portfolios
- Exclusive apps, tutorials, and member community
Subscribe Now
Or start with a free-trial
Already a subscriber?
Login Now
Related Posts
Looking for the best PMS for your investments? Find Capitalmind PMS Strategies and Performance here
As a high-net-worth investor in India, you have a wide range of options when it comes to choosing a portfolio management service (PMS) to invest your money. ...
The impact of Return on Capital on Shareholder Returns
Return on Capital (ROC) is considered a critical part of the puzzle of finding quality businesses to invest for the long term. We did a longitudinal analysis ...
Quick Look: Markets in April 2023
Markets in April 2023 April was a good month for stocks across the board. Nifty was up 4% and as a result is almost even for YTD 2023 Midcaps and Smallcaps did ...