A Santa Claus rally is a seasonal phenomenon that involves a rise in stock prices during the last 5 trading days in December and the first 2 trading days in the following January.
Since 1950, the S&P 500 has gained an average of 1.3% during Santa Claus rally periods. We tested this hypothesis on the Indian and other prominent equity markets.
To know the effect of this phenomenon on Indian markets and much more, please read through our report.