WEEK that was A VERY HAPPY NEW YEAR to all our MEMBERS. Last 2 weeks have been really volatile for the Indian markets. December acted as a spoilsport for a lot of portfolios. It looks as if this was a shakeout to throw off the weak hands. While MMG and MWV were the strong hands (due to slow rebalance) touching distance from their All time highs, MWM took it on the chin with current drawdown at 17%. Here is the yearly synopsis of BSE indices for your perusal. ...
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