Nifty Gave Positive Returns In 6 Out Of Last 10 Years In June

It looks like bulls will remain in control of D-Street for June 2017 even though chances further consolidation cannot be ruled out after strong rally seen in the last two months.

In the last 6 out of 10 years, bulls managed to get an upper hand on D-Street. The Nifty rose 9 percent in the year 2012, followed by nearly 7 percent rise in 2010, and a little over 3 percent gain in the year 2014. The index rose nearly 1 percent in 2007, 2011 and 2016.

However, on the down, Nifty suffered its worst loss in the year 2008 when it crashed nearly 15 percent, followed by 5 percent drop in the year 2009, 1.6 percent fall in the year 2013, and nearly 1 percent fall in 2015.

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