Hello and welcome to the weekly trading diary, a thread for discussing your trades, strategies, ideas, news, stories, etc.
We’re in the final week of 2022 already. And this has been one eventful year. How has it been for you? Do share below.
A quick look at how the markets performed in the week gone by;
It’s been a tough few weeks for markets and the last was no different. Benchmark indices saw a sharp sell-off on Friday with Nifty falling below the 18k mark and Sensex 60k. For the week, both indices shed well over 2% each.
The MidCap 150 and SmallCap 250 saw some more pain, falling over 5% and around 8% in the week ended 23rd December.
On the sectoral front, apart from Pharma, all other sectoral indices ended the week in the red. Nifty PSU Bank was the worst performer, plunging over 10%.
And here’s how the major global indices fared:
Things to watch out for in the coming week;
Nothing much to look forward to in the final week of the year other than a few economic data releases in Japan the US and India.
26th December | 27th December | 28th December | 29th December | 30th December | ||||
---|---|---|---|---|---|---|---|---|
Japan | Retail Sales | Japan | Industrial Production (NOV) | US | Jobless Claims | India | Fiscal Deficit | |
US | Pending Home Sales (NOV) | Crude Oil Inventories | Infrastructure Output (NOV) |
What are you looking forward to in the week? Share below and join the discussion