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!