It’s been a flat November for the markets. The Nifty fell marginally, about 1.1% even if it recovered from a November 15 low.
What’s interesting? December looks great on average. It’s the best month – typically – of the year. Will 2017 be different?
For completeness, here’s the Sensex too, which fell just 0.3% in November:
It’s seen a near 25% return which is a very good return, though 2012 and 2014 were better.
In what is just a month left, 2017 will go down as a good year, in all likelihood. So did, if one remembers, 2007. Will the fear of 2008 haunt 2018? Let’s see how it goes.