Doing Well in December

The equity market saw a big jump in the month of November with frontline indices gaining more than 4 per cent. This is after we saw a fall in the equity indices in the month of October. I anticipate this momentum to persist, rooted in historical trends. Since 1979, in the month of December, the Sensex has delivered positive returns in 33 out of 45 instances, marking a robust 75 per cent success rate—the most favourable statistics for any of the other months in a year. June and July have come closest to these statistics that have shown positive returns in 30 instances out of 45.