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
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