π The Week That Was: July 14–18
“Axis Slips, FIIs Flip, and Nifty Gets a Bit Shifty” πΊπ½πΈ
Markets this week were like a tragicomedy — drama, emotion, and a not-so-subtle exit by foreign investors. Here’s your weekly dose of what-the-heck-happened:
π» Indian Markets:
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The Sensex had a four-day meltdown, shedding 1,459 points faster than you can say “stop-loss,” and wrapped up the week at ~81,757, down 1.8%.
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Nifty 50 wasn’t far behind, slumping 2% and slipping below the psychological 25,100 mark. Thanks a lot, IT and finance — we expected more hustle.
π£ What Went Wrong?
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FIIs pulled out a whopping ₹10,169 crore in just five sessions. Maybe they’re allergic to volatility. Or just saw better snacks elsewhere.
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Citi turned its mood ring to Neutral on India. Kind of like your crush saying, “Let’s just be friends.”
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Axis Bank decided to play the villain — tumbling 5.2% on Friday alone. Investors are still searching for the banana peel it slipped on.
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And then there were trade war threats — yes, again. Uncle Sam may be preparing fresh tariffs. Because why not?
π Global Markets:
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U.S. stocks moved a little bit, then panicked, then moved back. Modest gains early in the week fizzled out when trade rhetoric picked up steam.
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Global equity funds saw $5.3 billion walk out the door — first such outflow in 3 weeks. Investors are jittery, inflation is clingy, and everyone’s just trying to read Powell’s mind.
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Europe was a mixed bag — auto stocks stalled, but the FTSE 100 did a little happy dance on interest rate hopes.
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Asia mostly stared at Japan’s elections and global headlines with quiet anxiety.
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Oil and gold stayed comfortably smug, while U.S. Treasury yields tiptoed downward.
π§Ύ In Summary (TL;DR):
Markets were wobbly, FIIs ran for the hills, Axis Bank had a rough Friday, and global investors collectively muttered, “We’re not mad… just disappointed.”
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