One thing someone has told the truth that numbers never speak a lie. If we say this about the performance of the stock market, it will not be wrong. The thing is that in the last 10 years, Nifty has given positive returns in 9 years. Talking about these 9 years average returns, 3.6 percent has been seen. According to experts, this time is also hoping for a boom in the stock market of July. There is also a reason for that. Experts believe that the investment of macro data and foreign investors such as the decrease inflation, growth estimate, data of GST collection and rupee can prove to be a blockbuster for investors in July. Let us also tell you what kind of returns the Nifty has given to investors in the last 10 years.
The month of July has been amazing
If we look at the track record of the month of July of the last 10 years, it is understood that the Nifty has given great returns to the investors. According to the data, only the month of July has been such that the Nifty has seen a decline in 2019. In the month of July of 2019, the Nifty was declined by 5.69 percent. At the same time, in the year 2022, the Nifty saw a jump of 8.73 percent.
In July 2020 i.e. the month of July, the Nifty had seen a growth of 7.49 percent to investors. At the same time, in the year 2021, Nifty has given a minor return of 0.26 percent. Even in the challenging years, this month has maintained its grip to a great extent. Returns of 3.92 percent of 2024 and 2.94 percent in 2023 in the month of July.
June decline recovery month
Anand James, the main market strategist of Geojit Financial Services, said in a media report that historically, July Nifty 50 and Bank Nifty have been a fast month for the index. This trend is often seen as recovery after June. At the same time, the best results of the first quarter also work to positive investors' sentiments.
Sudeep Shah, head of technical and derivatives research in SBI Securities, said in a media report that FIIs have become pure buyers for the fourth consecutive month, which is a sign of a stable return of confidence in Indian equity. Numbers are also supporting this optimism. The FII made a spectacular comeback as pure buyers on Thursday, the equity flow was seen more than Rs 12,500 crore, which is the highest in eight months. This surge came when US President Trump indicated significant progress in the US-India Trade Talk.
These reasons can rise
Apart from the seasonal, there are many fundamental factors due to which the stock market can be seen in the month of July. This week, crude oil prices declined by more than 11 per cent, which reduced the concern of inflation, while the rupee has witnessed an increase of 1.3 per cent, which is the best week since January 2023. Advisor head Vikram Kasat at PL Capital said in a media report that the markets are excited due to a decline in crude oil, strong rupee and stable global spirit. To guide the next step, investors are monitoring the comprehensive economic signs such as domestic inflation figures, FII trends and monsoon patterns.
On the other hand, global factors are also seen supporting a lot. In which the speed of the middle East tension and the speculation of a potential American Federal Reserve rate cuts in early July has been strengthened. On Wall Street, S&P 500 and Nasdaq have reached their peaks. The reason for this is trade deals. The results of the upcoming first quarter will also put extra effort to support the stock market. Vinod Nair, Research Head of Geojit Investments Limited, said in a media report that as the first quarter income season is approaching, investors are focusing on corporate results for the initial signals of the trend of development.
Source: www.tv9hindi.com
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