Sell in May and go away returns: This strategy will not work; here is how you can benefit
The ‘Sell in May and go away” adage is based on an assumption that stocks typically underperform during May-October period. But research does not lend much credence to that assumption. A close examination of the performance of NSE Nifty index over past twenty years suggests that in fact, May has offered a decent buying opportunity for investors. In 75% of the times, year-end returns as calculated from May lows has been positive.