Shall be posting the 3 best and worst performing sectors out of the following.
1) Aluminum
2) Auto
3) Auto Ancillary
4) PSU Banks
5) Pvt sector Banks
6) Cables
7) Cements
8) Civil construction
9) Computer Hardware
10) Real estate
11) Engineering
12) Fertilizers
13) FMCG
14) Hotels
15) Media
16) Pharma
17) Retail
18) Software
19) Sugar
20) Textiles
21) Oil Exploration
22) Power
23) Refineries
24) Shipping
25) Steel
26) Telecom
Calculation for the same is done based on equally weighted geometric return values. Each sector consists of between 5 and 16 stocks and a median of 1 stocks, with exception of aluminum is weighted based on only 2 stocks. The base date for the same is 1 Jan 2008 and the base value is 100.
There are some sectors such as petrochemicals, food processing etc which are still to be added and that shall be done soon.
The index values are "absolute" in nature and doesn't measure momentum. For example, if Software has fallen from 200 to 160 when Sugar has risen from 80 to 150 in the last week, software will still continue to be ranked above Sugar.
Suggestions, criticisms welcome.
Disclaimer : This is for education purposes only.This is only data and not a trading strategy. I shall not be responsible for your trading losses. In other words, if you trade based on this, I guarantee you will lose money. If you do make some gains based on this, then donate to traderji or give some amount to charity.
1) Aluminum
2) Auto
3) Auto Ancillary
4) PSU Banks
5) Pvt sector Banks
6) Cables
7) Cements
8) Civil construction
9) Computer Hardware
10) Real estate
11) Engineering
12) Fertilizers
13) FMCG
14) Hotels
15) Media
16) Pharma
17) Retail
18) Software
19) Sugar
20) Textiles
21) Oil Exploration
22) Power
23) Refineries
24) Shipping
25) Steel
26) Telecom
Calculation for the same is done based on equally weighted geometric return values. Each sector consists of between 5 and 16 stocks and a median of 1 stocks, with exception of aluminum is weighted based on only 2 stocks. The base date for the same is 1 Jan 2008 and the base value is 100.
There are some sectors such as petrochemicals, food processing etc which are still to be added and that shall be done soon.
The index values are "absolute" in nature and doesn't measure momentum. For example, if Software has fallen from 200 to 160 when Sugar has risen from 80 to 150 in the last week, software will still continue to be ranked above Sugar.
Suggestions, criticisms welcome.
Disclaimer : This is for education purposes only.This is only data and not a trading strategy. I shall not be responsible for your trading losses. In other words, if you trade based on this, I guarantee you will lose money. If you do make some gains based on this, then donate to traderji or give some amount to charity.
Last edited: