Sell in May strategy challenged by US-Iran conflict
The traditional strategy of selling in May faces challenges this year due to the ongoing US-Iran conflict and rising oil prices. Brent crude is currently at $111.29, potentially impacting market performance and investor portfolios.
after close1 source ↓written by the desknot a recommendation
- may disrupt
- $111.29
- futures
- 0.8%
- futures increased
- 0.4%
The adage Sell in May and Go Away suggests investors should exit the market during summer. However, historical data shows Nifty 50 rose in six of the last ten Mays. This year, ongoing US-Iran tensions and Brent crude rising to $111.29 may disrupt this trend, impacting portfolios significantly.
• Brent crude futures up 0.8%
• WTI futures increased 0.4%
• Potential implications for India's macros as oil prices surge.
Not investment advice. For informational purposes only.