Who wrote this article?

CM Team, Capitalmind's research team.

What topics does this article cover?

All Time High, 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: Nifty 50 beats the world! Pop Quiz: Answer and win a cool prize!

[Newsletter] Nifty hits new high, 5 Good Reads and Our Weekly Quiz!

This week was dominated by the equity markets, with the S&P 500 witnessing gains and the Nifty 50 recording a 1.3% increase. Meanwhile, there was a slight drop in the prices of gold, while the USDINR remained around the 82 mark.

17 Jun 2023CM Team2 min read

Quick Facts

What is "[Newsletter] Nifty hits new high, 5 Good Reads and Our Weekly Quiz!" about?: This week was dominated by the equity markets, with the S&P 500 witnessing gains and the Nifty 50 recording a 1.3% increase. Meanwhile, there was a slight drop in the prices of gold, while the USDINR remained around the 82 mark.
What category is this article in?: General
Who wrote this article?: CM Team, Capitalmind's research team.
When was this article published?: Published 17 June 2023.
How long does this article take to read?: 2 min read
What topics does this article cover?: All Time High, 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: Nifty 50 beats the world! Pop Quiz: Answer and win a cool prize!
What does the "What’s up with markets? 📉📈" section say?: This week was dominated by the equity markets, with the S&P 500 witnessing gains and the Nifty 50 recording a 1.3% increase. Meanwhile, there was a slight drop in the prices of gold, while the USDINR remained around the 82 mark.

Market Overview: Top Indices & Asset Classes
Good Reads: 5 good reads on investing & finance
Off the Chart: Nifty 50 beats the world!
Pop Quiz: Answer and win a cool prize!

What’s up with markets? 📉📈

Yet again, this week belonged to the Realty sector. In all the shorter time frames, realty Index has done better than any other NSE Index. Nobody expected this but that’s what the markets do.

Over 1 year time frame, PSU banks have performed the best while Media, Oil & Gas and IT stocks struggled.

Nifty 50 hits all time high! 🚀

Indian stock market, represented here by Nifty 50, has been the most resilient market to come out of Covid. And more so while the FPIs have been huge sellers over this period.

What we are reading 📝

There will be no shortage of sales nudges implying innate brilliance and visions of quick returns. The more you understand them, the less effective the nudges become. Read: FOMO as sales tool

Thoughts on diversification, asset allocation and rebalancing your portfolio. Read: The Rebalancing Bonus

Why builders need to raise, not lower, their epistemic bar. Read:Intellectual humility is a cop out

When we make an active investment decision, we obsess over the particulars of a given opportunity, whether it be a security, fund or asset class. This, however, distracts us from a far more important issue, which is so often ignored – should we be participating in the activity at all? Read: The Four Questions Investors Must Ask

People around the world are living, working, and learning longer. Get ready to upgrade your old ideas about longevity. Read: “We Have 30 Extra Years”: A New Way of Thinking About Aging

Pop Quiz 🙋‍♂️

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The White Revolution inspired filmmaker Shyam Benegal to base his 1976 film Manthan on this movement. The film was financed by over five lakh rural farmers in Gujarat, who contributed ₹2 each to its budget.

Upon its release, these farmers went in truckloads to watch ‘their’ film, making it a commercial success. Manthan won the National Film Award for Best Feature Film in Hindi during the 24th National Film Awards in 1977.

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