Who wrote this article?

CM Team, Capitalmind's research team.

What topics does this article cover?

Macro, Saturday Coffee, What we are Reading

What does the "🔆 Saturday Coffee Newsletter" section say?

Market Overview: Top Stocks & Asset Classes Off the Charts: World Markets Vs Nifty 50 Good Reads: 5 good reads on investing & finance Pop Quiz: Answer and win a cool prize!

Nasdaq aces 2023, Market Overview and 5 Good Reads

This week, although had only 3 trading days, was fantastic for the markets as Nifty 50 gained 3%. Gold and Silver are making new highs as well. RBI paused the rate hikes in its latest MPC meeting which resulted in Yields falling to 7.28 this week.

8 Apr 2023CM Team2 min read

Quick Facts

What is "Nasdaq aces 2023, Market Overview and 5 Good Reads" about?: This week, although had only 3 trading days, was fantastic for the markets as Nifty 50 gained 3%. Gold and Silver are making new highs as well. RBI paused the rate hikes in its latest MPC meeting which resulted in Yields falling to 7.28 this week.
What category is this article in?: General
Who wrote this article?: CM Team, Capitalmind's research team.
When was this article published?: Published 8 April 2023.
How long does this article take to read?: 2 min read
What topics does this article cover?: Macro, Saturday Coffee, What we are Reading
What does the "🔆 Saturday Coffee Newsletter" section say?: Market Overview: Top Stocks & Asset Classes Off the Charts: World Markets Vs Nifty 50 Good Reads: 5 good reads on investing & finance Pop Quiz: Answer and win a cool prize!
What does the "What’s up with markets? 📉📈" section say?: This week, although with only 3 trading days, was fantastic for the markets as Nifty 50 gained 3%. Gold made new highs as well. RBI paused the rate hikes in its latest MPC meeting which resulted in Yields falling to 7.28.
What does the "Off the charts 📉📈" section say?: Compared to global indices, this week belonged to the Nifty 50 with a 3% gain. Nasdaq 100 which struggled in the latter half of 2022, has gained its mojo back and is the best performer of 2023 (YTD).

Market Overview: Top Stocks & Asset Classes
Off the Charts: World Markets Vs Nifty 50
Good Reads: 5 good reads on investing & finance
Pop Quiz: Answer and win a cool prize!

What’s up with markets? 📉📈

This week, although with only 3 trading days, was fantastic for the markets as Nifty 50 gained 3%. Gold made new highs as well. RBI paused the rate hikes in its latest MPC meeting which resulted in Yields falling to 7.28.

NSE 500 also gained 3% this week and all sectors were up. There were no “losers” this time but the worst-performing sectors were PSU Banks, FMCG, and Metals. The Realty Index gained a whopping 6% this week although it is down 15% over last year.

Off the charts 📉📈

Compared to global indices, this week belonged to the Nifty 50 with a 3% gain. Nasdaq 100 which struggled in the latter half of 2022, has gained its mojo back and is the best performer of 2023 (YTD).

What we are reading 📝

Short selling is mostly misunderstood and often demonized. But, it’s not as sinister as it is made out to be. Rather, its an important market function. Podcast: How does short selling work?

Recent collapses in US and Europe highlight new threats to lenders and upend conventional wisdom. Read: How rising interest rates are exposing bank weaknesses

Loss aversion is a cognitive bias that suggests that for individuals the pain of losing is psychologically twice as powerful as the pleasure of gaining. Read: Why do we buy insurance?

What happens when promoters bend rules for their own benefit? Minority shareholders get short-changed. Investors need to keep an eye on those companies and such promoters. Read: Promoters gaming rules for own benefit

Nat Eliason shares some incredibly intriguing life lessons. Read: 40 Lessons from 30 Years

Pop Quiz 🙋‍♂️

It’s simple. Reply to this email and answer the question.

This is a price index, used worldwide, published since 1986, by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies. This index compares the price of a popular food product (of a global fast food chain) in two countries by converting the price to a base currency (usually the dollar).

**Identify the Index. **

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Last week’s answer: Force Majeure

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