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Charts & Analysis

Charts: Nifty in FY18 Does Just 10% As March Takes The Index Down Some More

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It’s the very end of the financial year, FY 2018. This may have sounded like a great year, but it’s really not that great when you tally the returns – just 10% on the financial year.
Charts: Nifty in FY18 Does Just 10% As March Takes The Index Down Some More
 
For the month though, this is second lousy month in succession with a near 4% drop on the Nifty. And after a good Jan, we are now down about 4% for the year.
Charts: Nifty in FY18 Does Just 10% As March Takes The Index Down Some More
However the first three months tend to be lousy – and the next three seem to be better at least on average/medians.

The Sensex

For the sake of completeness:
Charts: Nifty in FY18 Does Just 10% As March Takes The Index Down Some More

The Broader Market

This is the CNX 500:
Charts: Nifty in FY18 Does Just 10% As March Takes The Index Down Some More
Here’s hoping hte next