Low FII activity may spark Santa Rally on D-Street, shows history

Low FII activity may spark Santa Rally on D-Street, shows history

Markets this week seemed to be embracing the Christmas spirit as both the festive colours adorned trading terminals. After bleeding red on Monday, bourses lit up green recovering significantly from lows. This strong pullback might have hinted that the market is getting ready to launch itself into a phenomenon widely termed as ‘Santa Claus Rally’. … Read more