Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

Nifty Moves Up For The Fifth Consecutive Month in July at +4.2%: Monthly Returns

1 Aug 2016Deepak Shenoy1 min read

Quick Facts

What is "Nifty Moves Up For The Fifth Consecutive Month in July at +4.2%: Monthly Returns" about?
What category is this article in?: Charts And Analysis
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 1 August 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: Monthly returns, Nifty, Sensex

The Nifty is now up 5 consecutive months, which is a situation that’s occurred seven times in the past - and each such time, the market has moved substantially in the next month (with the exception of July 2007).

Here’s the Nifty Monthly Returns:

The Nifty has of course gone even longer - in 2003 and 2006 it went on for another three months before it declined.

Here’s the data for the Sensex too:

Tagged:Monthly returns Nifty Sensex