Weekly Market Analysis & Algo Performance: October 16, 2026

Portfolio Links

Model 1 Performance     (To know more about it click here)

Model 3 Performance    (To know more about it click here)     

Nifty Future Long-Short Strategy Performance   (To know more about it click here)

Weekly Portfolio Performance Chart

Equity Markets:

The equity markets staged a decisive bullish recovery this week, extending their rebound after snapping an eight-week losing streak in the prior week. Despite starting Monday on a lower note, strong buying across Information Technology and Banking heavyweights propelled the frontline indices to massive gains on Tuesday and Thursday, ultimately pushing the Nifty 50 firmly back above the 23,100 mark by Friday's close.

Key Market Triggers

• Upbeat Q2 IT Earnings & Tech Rally: The Information Technology sector served as the primary engine for the market's rally. Strong Q2 FY27 results and record deal bookings from HCLTech early in the week, followed by an upbeat earnings report from Tech Mahindra (which surged over 8.4% on Friday), fueled sustained institutional buying across TCS, Infosys, and the broader tech pack.
• Rupee Appreciation & RBI Intervention: The Indian Rupee staged a sharp five-session winning streak against the US dollar, supported by active Reserve Bank of India (RBI) measures to stabilize the currency. Additionally, positive commentary from the Finance Minister regarding currency stability, LTCG, and STT helped bolster domestic investor confidence.
• Cooling Crude Oil & Global Bond Yields: International crude oil prices softened during the week—partly aided by the temporary relaxation of US restrictions on Russian diesel supplies—while global bond yields cooled off. This combination eased immediate inflation and import-bill anxieties, providing a supportive global backdrop for domestic equities.
  
  

Weekly recap:

The Bank Nifty Index has underperformed the Nifty Index and Nifty IT index has massively outperformed the Nifty Index this week.

This week, Nifty Midcap 100 Index is up +0.58 percent.

The Nifty Index is up +2.78 percent.

Key Levels for the Nifty Index Daily Timeframe

20   EMA - 22892

50   DMA - 23549

200 DMA - 24184

Nifty Weekly Timeframe Levels

Open - 22593.20

Low -   22288.45

High -  23149.85

Close - 23146.15

Nifty closed below 50 DMA & 200 DMA above 200 EMA suggesting short term up trend in the Nifty Index.

Model 1 & Model 3

This week, Model 1 is flat +0.00 percent and Model 3 is flat +0.00 percent. 

Model 1 has underperformed the Index by -2.78 percent and Model 3 has underperformed the Index by -0.58 percent.

Nifty Long-Short

The Long-Short strategy for the Nifty Index has returned a positive result of +1.82 percent this week.

Next Week Update

The Nifty Long-Short Strategy's current position is Long.

Long-term Performance Summary

*After brokerage and taxes, returns are determined at the performed deals.

In September 2026, Models 1 and 3 returned -2.9 percent, and -5.9 percent respectively, compared to the Nifty 50 Index's -6.1 percent return.

In September 2026, the Nifty Long-Short is up +18.0 percent.

For the Year 2025 Model 1, 3 and Nifty Long Short returned -18%, +7%, and +32% respectively, compared to the Nifty 50 Index's return of +11%. 

For Financial Year 2025-2026 Model 1, 3 and Nifty Long Short returned -11.18%, +16.88% and -9.53% respectively, compared to the Nifty 50 Index's return of -5.05%.

 

Year To Date - 2026

Models 1 and 3 returned +5.31 percent and -6.34 percent respectively, compared to Nifty's -11.42 percent return for 2026.

The Nifty Long-Short year-to-date return (from January 1, 2026) is now -17.34 percent, compared to the Index's -11.42 percent.

Summary since inception

Since its debut, Model 1 has increased by 243.09 percent. The Nifty index has risen by 114.26 percent  over the same time span.

Since its debut, the Nifty long-short strategy has increased by 486 percent on the capital and 900 percent on the margin money.

Model 1 has been operational since July 13, 2020, whereas the Index Long-Short strategy has been operational since August 14, 2020. 

Since the inception, Model 3 is up +149.19%, compared to 114.99% for the Nifty Midcap Index. 

Model 3 has been operational since July 12th, 2021.

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