NIFTY ELECTION MONTH

Let’s tackle this from the perspective of how impressive is the current Nifty rally till now. Check out the previous 3 months’ performance of Nifty in the previous Election years (Month 1 means the exactly preceding month like May for 1991 and month 2 means April for 1991 and so on) –

Year
Election Month
Month 1
Month 2
Month 3

Average
total








1991
June
3.6
6.3
-3.7

2.066667
6.2
1996
May
13
-0.8
17

9.733333
29.2
1998
Feb
-10.8
5.4
-5.6

-3.66667
-11
1999
Sep
7.8
10.3
5

7.7
23.1
2004
April
-1.5
-0.5
-3.7

-1.9
-5.7
2009
April
9.3
-3.9
-2.8

0.866667
2.6
2014
April
4
3
-3.4

1.2
3.6


Petrol prices 
2014 : Rs.76.25 
2013 : Rs 78.56 
2012 : Rs 73.53 
2011 : Rs 63.08
2010 : Rs 44.55
2009 : Rs 40.62 
2008 : Rs 50.60
2007 : Rs 42.00 

2006 : Rs 43.51
2005 : Rs 40.49
2004 : Rs 33.70
2003 : Rs 31.50