April may be the best month in a year in terms of Indian shares. February can be the most disappointing. It has been observed that the shares shine the most in the month of April. An Axis Capital has revealed an analysis that in the last 15 years, positive returns have been recorded from shares on 12 occasions in the month of April. This is the highest compared to any other month. On the other hand, the performance of shares in February has been the most disappointing.
The sectors of Axis Capital Neelkanth Mishra, Abhay Khaitan and Vishal Rangarajan also revealed the effect on the sectors. Historical data suggests that some sectors and companies perform better in a few months. The report stated that this cororation can be a useful tool to understand market behavior and shape trading strategies.
Average return of 2% seen in April
एक्सिस कैपिटल के नोट में कहा गया है, “हमें भारतीय बाजार के प्रदर्शन में सीजनैलिटी का सबूत मिला है। अप्रैल पिछले 15 वर्षों (2020 को छोड़कर) में 12 बार पॉजिटिव रिटर्न वाला एकमात्र महीना है, जिसमें 2% का औसत रिटर्न दिखा और -2% की मिनिमम परफॉरमेंस दिखी। यह खराब प्रदर्शन किसी भी अन्य महीने के मुकाबले कम है। यह शायद मार्च में म्यूचुअल फंड्स के ज्यादा फ्लो के चलते है, जो कि शायद अप्रैल में बाजार Diplogged in February. February is the only month in which negative performance is seen in this month and a decline in all sectors has been recorded.
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Which month does IT sector not like
The report states that most sectors also have a favorite month, and a low favorite month. A lot of seasonality is seen in IT as a sector. In the last 15 years, this sector has witnessed poor performance in April on 13 occasions. In IT, patterns are more pronounced according to stock; In April, Infosys performed 14 times and Wipro 12 times poorly. TCS and HCL Tech have also shown a similar trend.
Financial sector, real estate and metal choice
The report said, “The Financial Sector performed better in October 11 times in the last 15 years. ICICI Bank shares 13 times and Indian Bank shares have been at the forefront by outperforming 12 times. This is perhaps due to better clarity on credit growth, which usually increases in the second half of the financial year. The evidence of poor performance of the Real Estate Sector is usually strengthened in June The best performance of the metal sector is seen in December.
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