Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

September Flat for Market as We Step Into The Worst Month for Equities, On Average

3 Oct 2014Deepak Shenoy1 min read

Quick Facts

What is "September Flat for Market as We Step Into The Worst Month for Equities, On Average" 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 3 October 2014.
How long does this article take to read?: 1 min read
What topics does this article cover?: MonthlySummary

The “flat” month of September keeps 2014 returns at 26%, but we are heading into what is the worst month of the year, on average. October has an average return of -1% on the Nifty, but the Standard Deviation is WIDE (9.3%).

Last year, though, we saw a massive turn in October as the index went up nearly 10%. Will we see a different October in 2014?

The Sensex, too, for continuity.

The YTD Return, till September, is the highest since 2009.

But we’re expecting a rough October. Our 2014 return could end up considerably lower, if the macro data is to be believed.