مؤشر Nifty 50

Nifty's return on leap year

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Generally, a leap year is known for its volatility, especially in the stock market. In 2024, the Central election in India will add to the volatility. I have studied the past eight leap years and found that Nifty closed in the red only three times. The average return for the last eight leap years was 25.12%.

We should not worry about declines if our investment view is over a year. Do you have any thoughts on the absolute return of Nifty YOY in 2024?

I must clarify that this information is only for educational purposes. Please consult your financial advisor before taking any trades.

Thank you for sharing.
DN

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