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Santa Claus Rally Ahead

Domestic mutual funds have to declare their third-quarter net asset values (NAV), whereas overseas institutions (FIIs) declare their annual NAVs. Performance is benchmarked and rewarded by way of bonuses. So a bit of portfolio pumping in the markets is routine in December. In financial markets parlance, it is called a “Santa Claus rally.”
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31 Oct 2024
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31 Oct 2024
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