Momentum investing may face short-term underperformance, but historical data shows these dips often precede strong long-term gains. Despite recent weakness of around –15%, forward excess returns have historically been robust over 1-, 3-, and 5-year horizons. Discipline and patience remain key for investors seeking long-term trend-driven returns.
Dalal Street Week Ahead: Nifty enters consolidation phase; breakout above 26,100 key for next market move
The Nifty ended the week mildly lower, extending its sideways consolidation within the 25,700–26,100 band amid falling volatility. With no clear breakout and the India