Sensex promises more, reveals 10-year trend
Monday, 14 December 2009
NEW DELHI, Dec 13 (Economic Times): For the last 10 years, the Sensex declined in the second half of the calendar year only when it fell in the first half of the year, an analysis reveals.
And if that 10-year trend holds out, investors who took positions on the BSE Sensex during the early days of the second half of the current calendar year need not worry about losing money as the market appreciated by over 46 per cent during the first half of CY09.
The analysis reveals that on average the performance of the Sensex has been better in the second half of the year. The average returns of the Sensex since 1999 (excluding 2009) for the second half of the year was 17 per cent whereas it was -2 per cent for the first half of the year.
And if that 10-year trend holds out, investors who took positions on the BSE Sensex during the early days of the second half of the current calendar year need not worry about losing money as the market appreciated by over 46 per cent during the first half of CY09.
The analysis reveals that on average the performance of the Sensex has been better in the second half of the year. The average returns of the Sensex since 1999 (excluding 2009) for the second half of the year was 17 per cent whereas it was -2 per cent for the first half of the year.