Impact of Sachin Tendulkar’s Centuries on Indian Stock Market

Sachin Tendulkar has got 94 centuries in International Cricket so far. He has certainly had an impact on all over India, and over the other cricketing nations. We performed an analysis of the day Sachin Tendulkar hits a century, and the movement in the Stock Market (SENSEX) the very next day. Although Sachin hit his first International century in the year 1990, but India got its LPG policy in the year 1991. So, in all the 93 centuries that were hit during the Stock Market era of India, gave the following statistics:

SENSEX Rises: 55 Times

SENSEX Falls: 38 Times

SENSEX Flat: 1 Time

Sachin was at its peak during the years of 1998-1999, when he had just given up his captaincy. During these years Sachin hit 23 Centuries. Coincidentally at this time the Asian economy was under the effect of Recession due to the Asian Financial Crisis. 16 of those 23 centuries, the stock market fell (Although Sachin did try his best). Similarly, in the recent Great Recession of 2007-09, Sachin hit 8 Centuries, of which the Market fell 5 times. So, if we remove all the recessionary forces from the Sachin Tendulkar – Stock Market analysis, we would get the following:

SENSEX Rises: 44 Times

SENSEX Falls: 17 Times

SENSEX Flat: 1 Time

This gives us the following analysis:

When Sachin Tendulkar scores a century, it is very likely that the Stock Market will rise the next day. (Provided there isn’t a recession.)

Sachin Tendulkar is always at its best, during the times of Recession, since the time he has been at the peak of his form, it has always been recession, i.e. Asian Financial Crisis and Great Recession.

Even God, Sachin Tendulkar, cant help when there is a recession in the economy.

So, if you are an Investor in the markets always be on the watch out when Sachin scores his next Century.

http://www.cricbolly.com/home/impact-of-sachin-tendulkars-centuries-on-indian-stock-market/

Source by Harsh P Singh

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *