Multipie weekly #29 curated reads for investors
Hello👋 Its the year end so with Market snapshot we summed up the major events happened in equity markets & economy in 2021 followed by interesting visual & curated reads.
1. Market snapshot
An eventful year is nearing a close and let’s take a stock of sector wise performance. The markets ended on a flat note for the week. Continuous resilience of the IT sector (up 2.9%) made for the selling pressure in Power & utilities, Financials & Consumer discretionary, which were down by 2.5%, 1.8% & 0.8% for the week. For the year 2021, the overall markets saw 33% returns. Old economy sectors such as Industrials and Power were the top gainer at 63% and 82% respectively, while Pharma and Consumer staples (FMCG) were the underperformers at 14% and 16% respectively.












