Thanksgiving and Black Friday: Divergent signals for Indian stock market?
- Posted on November 27, 2024
- By Business News Today
- 2 Views
Thanksgiving and Black Friday: Divergent signals for Indian stock market?
Thanksgiving Day has usually boosted the Sensex, India's stock market index. Black Friday, however, has often led to declines. The Sensex gained an average of 0.44% on Thanksgiving over the past six years. It fell an average of 0.80% on Black Friday over the past five years. This difference reflects global economic factors and investor sentiment.