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Sensex: Thank goodness it’s April: D-Street will probably remain green as always

This trend is likely to continue over the next few weeks, with a correction in oil prices and a reversal in the rupee’s decline likely to support local equities.

Summary

Since 2006, the BSE Small Cap Index has posted positive returns 14 out of 15 times in April. Neither the market crash that followed the subprime crisis in 2008 nor the Covid outbreak in 2020 have discouraged traders this month and the ongoing war between Russia and Ukraine is less likely to have a major impact.

ET Intelligence Group: If the past is a relatively accurate indicator of the future, traders should be more bullish than bearish on Indian equities. Data for the last 15 years shows that April is the best month of the year and last Friday’s rebound only confirms this trend. The trend is even stronger for smaller stocks. Since 2006, the BSE Small Cap Index has posted positive returns 14 out of 15 times in April. Neither the

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https://economictimes.indiatimes.com/markets/stocks/news/thank-god-its-april-d-streets-likely-to-stay-green-as-always/articleshow/90631003.cms Sensex: Thank goodness it’s April: D-Street will probably remain green as always

Jaclyn Diaz

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