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Playing the market after budget can be risky: Business Standard
First the good news. It is mildly profitable to play in market during the traditional pre-Budget rally and then exit on the day of the Budget, a study of stock market trends before and after the last nine Budgets - between Manmohan Singh`s March 15, 1995 Budget and Yashwant Sinha`s February 28, 2001 Budget - shows.
First the good news. It is mildly profitable to play in market during the traditional pre-Budget rally and then exit on the day of the Budget, a study of stock market trends before and after the last nine Budgets — between Manmohan Singh’s March 15, 1995 Budget and Yashwant Sinha’s February 28, 2001 Budget — shows.
The bad news? Playing the market after the Budget can burn a sizeable hole in the punter’s pocket.
The study of the movements of the BSE sensex suggests that investors made money seven out of nine times in pre-Budget rallies and lost money six out of nine times after the Budget. The study looked at sensex movements from a month before the Budget to the day before the Budget, and for a month after the Budget.
The bad news? Playing the market after the Budget can burn a sizeable hole in the punter’s pocket.
The study of the movements of the BSE sensex suggests that investors made money seven out of nine times in pre-Budget rallies and lost money six out of nine times after the Budget. The study looked at sensex movements from a month before the Budget to the day before the Budget, and for a month after the Budget.