Historically, September hasn’t been kind to these three banks. BoI has seen declines in 9 out of the last 10 Septembers, while SBI and Bank of Maharashtra have fallen 8 times each during the same period. On average, their September returns are negative, with BoI at -7.7%, SBI at -3.4%, and Bank of Maharashtra at -3.7%. The most significant drop occurred in 2020, during the Covid-19 pandemic, with losses ranging from 18% to 23%.
Large Caps likely to outperform mid- & small-caps in Samvat 2081
Unique investors on the NSE rose by 2.14 crore since last Diwali, reaching a record high of 10.37 crore as of September 30, 2024. However,