In 10 Years, the Sensex has Only Seen Pre-Budget Rally 2 Times

Updated: Monday, February 9, 2015, 9:14 [IST]

Those talking of a pre-Budget Sensex Rally should look at some very interesting statistics. In the last 10 years, the Sensex has only had two pre-budget rallies. In Feb 2006, the Sensex had rallied almost 8.5 per cent from Dec 31, 2005 levels.

In 10 Years, the Sensex has Only Seen Pre-Budget Rally 2 Times

The other year that it rallied was in 2012, wherein ahead of the Budget there was a stupendous rally of 14 per cent between Dec 31, 2011 and March 2012.

On most other occasions there has been a decline in the Sensex. Take a look at some interesting statistics in the last 10 years.

Year	Sensex Closing	Pre-budget Closing	Gain
31, December 2004	6602	6569	-0.51
31, December 2005	9398	10198	8.55
31, December 2006	13786	13478	-2.23
31, December 2007	20286	17824	-12.24
31, December 2008	9647	9634	-0.3
31, December 2009	17464	16254	-6.93
31, December 2010	20509	17700	-13.69
31, December 2011	15454	17675	14.37
31, December 2012	19426	19152	-1.41
31, December 2013	21170	20336	-3.8

Source: Mint

As can be seen from the above data only on two occasions has the Sensex rallied in almost two decades. This years stocks are marginally higher as compared to December 31, 2014 levels. How far they move from here is difficult to gauge. But, expect immense volatility in the days to come.

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