With India delivering a 16% return in the last one year to become one of the top performing markets among the major economies, and its mid-cap and small- cap indices outperforming the benchmark indices, it has become an attractive destination for momentum and growth chasers’ funds in a risk-on atmosphere.
Synopsis
The reading of the volatility of a stock shows how much the current price moves away from the moving average price. In a smooth trending market, where the value changes at a steady pace over time, tends to have low volatility.
ET Intelligence Group: Historical volatility of the Indian market has dropped to a decade low, which could reaffirm the conviction of equity investors to stay put in Asia’s third-largest economy on expectation of reasonable returns with a lower risk.The historical 90-day volatility of the Nifty 50 index fell to 8.5%, the lowest since 2012, data from Bloomberg show. The reading is also about half the Nifty50 index’s volatility for the last 10
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