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Data shows Nov, Dec strongest months for Nifty; will history repeat?
· Business Standard Mkts
An analysis of the past 25 years of data by SAMCO Securities shows reveals that the average Nifty gain in November and December months stands at 2.5% and 2.6%, respectively.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- A market-wide development: it reaches beyond any single stock.