Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

Charts: A Crazy June Ends With A Flat Nifty But Horrible Everything Else

30 Jun 2018Deepak Shenoy1 min read

Quick Facts

What is "Charts: A Crazy June Ends With A Flat Nifty But Horrible Everything Else" about?
What category is this article in?: Charts And Analysis
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 30 June 2018.
How long does this article take to read?: 1 min read
What topics does this article cover?: Monthly Summary

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: