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August Digest: Q1 earnings & monsoon in focus; what to expect this month
Interestingly, the study of August returns suggest that the Nifty shuffled between red and green in the month of August during the last one year as it has delivered positive returns in the even years, whereas negative returns in the odd ones.However, 2021 was the only exception when it logged its best performance, rising close to 9 per cent in August 2021. On the other hand, it has gained 1-3 per cent in the August months of 2012, 2014, 2016, 2018 and 2020.