Impact of Sachin Tendulkar’s Centuries on Indian Stock Market

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Sachin Tendulkar has obtained 94 centuries in Worldwide Cricket to this point. He has definitely had an affect on throughout India, and over the opposite cricketing nations. We carried out an evaluation of the day Sachin Tendulkar hits a century, and the motion within the Inventory Market (SENSEX) the very subsequent day. Though Sachin hit his first Worldwide century within the yr 1990, however India obtained its LPG coverage within the yr 1991. So, in all of the 93 centuries that had been hit in the course of the Inventory Market period of India, gave the next statistics:

SENSEX Rises: 55 Occasions

SENSEX Falls: 38 Occasions

SENSEX Flat: 1 Time

Sachin was at its peak in the course of the years of 1998-1999, when he had simply given up his captaincy. Throughout these years Sachin hit 23 Centuries. Coincidentally right now the Asian financial system was underneath the impact of Recession as a result of Asian Monetary Disaster. 16 of these 23 centuries, the inventory market fell (Though Sachin did attempt his greatest). Equally, within the current Nice Recession of 2007-09, Sachin hit 8 Centuries, of which the Market fell 5 occasions. So, if we take away all of the recessionary forces from the Sachin Tendulkar – Inventory Market evaluation, we’d get the next:

SENSEX Rises: 44 Occasions

SENSEX Falls: 17 Occasions

SENSEX Flat: 1 Time

This provides us the next evaluation:

When Sachin Tendulkar scores a century, it is extremely doubtless that the Inventory Market will rise the subsequent day. (Supplied there is not a recession.)

Sachin Tendulkar is all the time at its greatest, in the course of the occasions of Recession, for the reason that time he has been on the peak of his type, it has all the time been recession, i.e. Asian Monetary Disaster and Nice Recession.

Even God, Sachin Tendulkar, cant assist when there’s a recession within the financial system.

So, in case you are an Investor within the markets all the time be on the be careful when Sachin scores his subsequent Century.

http://www.cricbolly.com/home/impact-of-sachin-tendulkars-centuries-on-indian-stock-market/

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Source by Harsh P Singh

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Impact of Sachin Tendulkar’s Centuries on Indian Stock Market

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