Weekly Performance Report - Week 4: February 2023

Nifty 50 and Sensex benchmarks fell over 2.5% this week, registering the worst week for Indian indices in the last 8 months.This week's down move was majorly driven by two factors: Steep rate hikes by global central banks and a fall in liquidity.

While high global inflation has continued to fuel the fear of interest rate hikes, the incessant selling by Foreign Institutional Investors (FIIs) indicates that liquidity is weak in the markets.Almost all sectoral indices dipped this week. Metals closed about 3% down under stress from the strengthening dollar index.

On the Investmint app front, the model performance report may look red, but these should only serve as data points to a systematic trader.Quick Short is unrelenting closing gains again this week. High-Five, Nifty Rider and Alpha Ally also closed in green, beating the index.

In times like these, 3 things work really well: Diversification, diversification and diversification.

As long you follow discipline and exercise patience, the strategies help you figure out the rest.A terrible week for the market, but nothing people who trade systematically can't handle

Take a break. You'll need it more than ever, as the market trading hours may last longer with new policies.Have a relaxing weekend, and we'll see you back next week!

(Psst...Keep an eye out for a new feature this Sunday)