Though Nifty is on its sixth week of back-to-back gains, the benchmark is still marginally down on YTD basis if measured in local currency. The benchmark is up 2.35% if we take the base currency as USD or 4.35% if we take the base currency as Swiss Franc.

Interestingly, China is the worst performing index and Colombo’s All Share Index is the best performing index in the Asian region.