Weekly Sectors Summary – 26 May 2019

 

Last one month has been very volatile for the markets and the divergence in the sector performance is really stark. Banking and Finance have done well compared to all other sectors, possibly on the expectations of a RBI rate cut in the coming weeks. Rest all the sectors are in the red.

 

Sectors Performance – 1 Month

 

Strong (Above 50 & 200 EMAs) – BankNifty, Financial Services, PSU Banks and Realty

Range Bound (Between 50 & 200 EMAs – Will get Strong or Weak going ahead ) – Auto, FMCG and IT

Weak (Below 50 & 200 EMAs) – Metals, Media, Pharma.

 

Sector Summary

 

 

 

Weekly Sectors Summary – 26 May 2019
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