Who wrote this article?

CM Team, Capitalmind's research team.

What topics does this article cover?

Saturday Coffee, What we are Reading

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

Market Overview: Top Indices & Asset Classes Good Reads: 5 good reads on investing & finance Off the Chart: FPIs buy in May! Pop Quiz: Answer and win a cool prize!

[Newsletter] FPIs buy in May, Market Overview and 5 Good Reads

Nifty 50 continues its march ahead towards its ATH mark with yet another weekly positive close. Gold and Silver also ended strong while crude corrected by another 2.2%.

3 Jun 2023CM Team2 min read

Quick Facts

What is "[Newsletter] FPIs buy in May, Market Overview and 5 Good Reads" about?: Nifty 50 continues its march ahead towards its ATH mark with yet another weekly positive close. Gold and Silver also ended strong while crude corrected by another 2.2%.
What category is this article in?: General
Who wrote this article?: CM Team, Capitalmind's research team.
When was this article published?: Published 3 June 2023.
How long does this article take to read?: 2 min read
What topics does this article cover?: Saturday Coffee, What we are Reading
What does the "🔆 Saturday Coffee Newsletter" section say?: Market Overview: Top Indices & Asset Classes Good Reads: 5 good reads on investing & finance Off the Chart: FPIs buy in May! Pop Quiz: Answer and win a cool prize!
What does the "What’s up with markets? 📉📈" section say?: Nifty 50 continues its march ahead towards its ATH mark with yet another weekly positive close. Gold and Silver also ended strong while crude corrected by another 2.2%.
What does the "FPIs are back ⭐" section say?: In May 2023. FPIs added 44000 crore in Indian markets which is among the highest inflows since sept 2021.

Market Overview: Top Indices & Asset Classes
Good Reads: 5 good reads on investing & finance
Off the Chart: FPIs buy in May!
Pop Quiz: Answer and win a cool prize!

What’s up with markets? 📉📈

Nifty 50 continues its march ahead towards its ATH mark with yet another weekly positive close. Gold and Silver also ended strong while crude corrected by another 2.2%.

Realty index was up 4% this week, while NSE 500 was up only 0.7, making it the best index of the week. Media and Consumer durable stocks were also up 3.2% and 2.6% respectively. Oil & Gas sector stocks were the worst hit this week with a decline of 2.8% and it is also down by 8% over the year.

FPIs are back ⭐

In May 2023. FPIs added 44000 crore in Indian markets which is among the highest inflows since sept 2021.

Looking at aggregate flows on calendar year basis, FPI flows in equity turned positive for 2023 thanks to the fantastic inflows in May 2023. Yet we are not seeing inflows as strong as it used to be in many years of previous decade.

What we are reading 📝

Here’s a podcast about the role of Arbitrage funds in your investment portfolio and the impact of recent changes in debt mutual fund taxation on arbitrage funds. Listen in: How arbitrage funds might have systemic risk on a tax-rule change

You work really hard to get money…and then once you have it you spend time worrying whether you’re putting it to work right. Read: 31 Lessons I’ve Learned About Money

What you ignore is equally important as what you seek out. Read: Paying Attention

There will be an AI boom, and it is going to be big. Read: AI Is the Next Internet… Expect Weird Things

Here are some lessons from the 2023 financial markets. Read: Some Things We’ve Learned This Year

Pop Quiz 🙋‍♂️

Identify the company?

The early intentions of the company were to develop an advanced operating system for digital cameras, and this was the basis of its pitch to investors in April 2004.

The company then decided that the market for cameras was not large enough for its goals, and so they diverted to doing something else.

Hint: The internal code names of “upgraded version” of its products are named after desserts.

Hit reply to this email and answer.

Each week, we randomly pick one winner who gets something cool!

Last week’s winner: Devashish Patel 🎉

Last week’s answer: Prisoners Dilemma

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