Should you sell in May and go away ?

Today’s Daily Byte

Amit Shah recently stated that the market would shoot up after Lok Sabha elections. At that point, the market was down nearly 200 points. However, after Shah’s statement, the market retraced all the losses and even went into the green by about a quarter percent. This highlights the power of confidence that can be instilled in market participants. Despite this positive movement, the market is still not entirely out of the downtrend.

What could provide a lot of confidence, and momentum could start building again is a move . . .

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Should you sell in May and go away ?

The adage “sell in May and go away” has been circulating for decades, suggesting that investors should exit the market in May and return later. However, recent data from Bloomberg challenges this notion.

Over the past decade, the S&P 500 has been down from May to October only a few times, indicating that this strategy may not always hold true. . . . .

Reading Time : 2 Minutes

Implications of a stable currency

One of the most intriguing developments in the current year, is the remarkable stability of the USD INR exchange rate. Unlike many other currencies that have experienced fluctuations, the USD INR line remains almost flat, showcasing a level of stability that’s quite astonishing.

The stability exhibited by the USD INR pair amid global currency fluctuations carries significant implications.. . . . .

Reading Time : 2 Minutes