General

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

Jun 17, 2023

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? 📉📈

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.

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 🙋‍♂️

Connect this to a brand.

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.

Identify the brand.

Hit reply to this email and answer.

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

Last week’s winner: Pramod Batni

Last week’s answer: JRD Tata

(If you’re reading this on the website and want to participate in the quiz, subscribe to the newsletter.)

How did you like today’s newsletter? Tell us.

Equity, fixed income, macro and personal finance research
Model equity and fixed-income portfolios
Exclusive apps, tutorials, and member community

Subscribe Now Or start with a free-trial

Already a subscriber? Login Now

Join Capitalmind Premium

Starts at ₹1,999/mo

Get access to our equity, fixed income, macro and personal finance research, model equity and fixed-income portfolios, exclusive apps, tutorials, and member community.

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

🔆 Saturday Coffee Newsletter

What’s up with markets? 📉📈

Nifty 50 hits all time high! 🚀

Pop Quiz 🙋‍♂️

Like our content? Join Capitalmind Premium.

Related Posts

The Best ELSS Mutual Fund to Invest in 2025

Why is IndusInd Bank under pressure

Alternative MF Picks for the Focused Portfolio

Join Capitalmind Premium

Starts at ₹1,999/mo