- Wealth PMS (50L+)
In Monthly Moves we notice that the Nifty has slowed down, with April being a stagnating month, giving a -0.1% return on the Nifty and +0.1% on the Sensex. This comes after a near 7% move in March.
May is traditionally the most volatile month of the year, with a 10.2% standard deviation. We’ve seen +28% (2009), +15% (1999), +13% (1996), -17% (2004) and -14$ (2006). Many of these has coincided with election results.
What will this month bring us? It all depends on the 3Ms – Modi, Majority and Money-Flow.
The sensex is here, for comparison:
Have a good month, folks.