January effect favours IT stocks. These 5 factors can seal the fate of Nifty bulls

  • Posted on January 6, 2025
  • By Business News Today
  • 4 Views
January effect favours IT stocks. These 5 factors can seal the fate of Nifty bulls

Niftys strong start to 2025, with a 1.5% gain in the first two sessions, contrasts with its weak January performance over the past decade. Despite this, the IT sectors seasonality remains favorable, having outperformed the broader index with positive returns in 8 out of 10 years. While Niftys average return is just 0.38%, Nifty ITs stands at 2.1%. The sectors significant weight in the index may determine Nifty's month-end performance.
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