Monthly Moves: April Stagnates, May is Traditionally Volatile

Comments Off Written on May 2nd, 2014 by
Categories: MonthlyMoves

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.

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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:

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Have a good month, folks.

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http://www.capitalmind.in
The man behind Capital Mind. Deepak is a co-founder at MarketVision, a financial knowledge company. Deepak also provides data research and consulting services, and now lives in Bangalore. Connect with him at deepakshenoy@capitalmind.in.