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

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    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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