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The S&P BSE Sensex rose 1,000 points in August, and in 2018 so far, the index has already rallied by over 14 percent, or nearly 5,000 points.
The next crucial question for the investors is — will the momentum continue in September? Well, historical evidence suggests that bears took control of D-Street in 5 out of last 10 years.
The S&P BSE Sensex fell the most in September 2008 (down 11 percent), followed by the year 2011 (down 2.1 percent) and it fell by nearly 2% each in the year 2016 and 2017.
The bulls managed to gain control on D-Street in the year 2009 and 2010 when the index rose above 10 percent each, followed by nearly 8 percent rally seen in the year 2012, and 2.6 percent gain in 2013.
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