I’ve just realized I forgot to do the monthly move post for February. Not only has Feb been a good month for the markets with a 3% move, March till the 7th has done another 4%!
Interestingly, markets in March have been strong on either direction. While 1994, 2001 and 2008 saw very bad march moves of nearly double digit falls, we have seen 1999, 2009, 2010 and 2011 do nearly double digit rises. Which one will 2014 be?
Also, let’s look at the Sensex for larger moves.