Santa Claus loves India (too)

The last couple of months are usually good for Indian markets. On an average, they have been up 2% in November and 6% in December. However, it looks like most of the gains are given up in January (down 5%, on average). With the Nifty down nearly 5% so far this month, it has a lot of catching up to do for the rest of November to get to the average.

Average Performance Month
-5% Jan
-1% Feb
2% Mar
1% Apr
-1% May
-1% Jun
4% Jul
2% Aug
3% Sept
-2% Oct
2% Nov
6% Dec

Light up the Christmas tree boys!

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