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Nasdaq aces 2023, Market Overview and 5 Good Reads

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🔆 Saturday Coffee Newsletter

  • 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.

Nasdaq aces 2023, Market Overview and 5 Good Reads

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.

Nasdaq aces 2023, Market Overview and 5 Good Reads


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).

Nasdaq aces 2023, Market Overview and 5 Good Reads


What we are reading 📝


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