Every month in the history of the Indian stock market has its own story and movement but when it comes to the month of October, the heartbeats of the investors automatically become faster because this month brings with it a unique box of expectations and uncertainties. The month of last September has been very turbulent and worrying in many ways for all the small and big investors of Dalal Street where even the market giants have had to face huge ups and downs. In such a situation, only one question is flashing in the mind of every investor that as soon as the calendar changes, this new month of October will work to heal all the wounds of September or will the investors have to wait longer. To deeply understand this market movement and decide the right strategy for the upcoming trading weeks, we will have to closely examine the data of the last ten years so that it can be clear how historically the month of October has proved to be for investors' portfolios. The data of the last ten years is testifying as to how the market has behaved in October. If we take a cursory look at the stock market return data of the last decade i.e. ten years, then it becomes very clear that the month of October has often proved to be a turning point for the Indian markets. Data analysis of past years done by market experts and technical analysts shows that at times this month has seen tremendous growth due to the enthusiasm of the festive season, while at the same time it has faced decline due to certain global reasons and selling by foreign investors. Almost seven to eight times out of the last ten, it has been seen that after a lull or sell-off in the initial weeks of October, the market has made a strong comeback in the middle or latter half of the month and has made investors rich. Whenever investors make their investment strategy by studying these historical trends of the past years, it becomes easier for them to understand how to be patient and invest money in the right stocks instead of panicking in this current phase of the market. There is tremendous excitement of the festive season and the expectation of great rise in stocks ranging from auto to consumer goods. As soon as the month of October arrives in India, the festive season starts all around which includes big holy festivals like Navratri, Dussehra and Deepa which breathe new life into the business world of the country. This festive season has a direct and profound positive impact on the country's economy and the stock market because there is a huge rush of customers in the markets and a huge jump is recorded in the sales of companies in every sector. During this period, especially the shares of companies involved in automobile sector, FMCG i.e. companies manufacturing daily consumer goods, real estate, banking and retail trade are flooded with buyers, due to which the sentiment of the market changes completely. Stock market experts believe that since this time too the festive season is starting with great enthusiasm, there is full hope that the market will get a huge support from consumption based stocks in the month of October which can easily compensate for the losses of the previous month. Global market signals and the role of foreign investors will decide the real direction of the market. Despite the festive cheer and strong fundamentals on the domestic front, it cannot be denied that global events and the attitude of foreign institutional investors (FIIs) have a deep impact on the Indian stock market. At present, every big investor in the country is keeping a close eye on the decisions taken by the Federal Reserve, the central bank of America, on interest rates, geopolitical tensions and fluctuations in the prices of crude oil. If there are no negative signals from the global market and foreign investors once again return to the Indian markets as net buyers, then the month of October can indeed forget all the past wounds and mark the beginning of a new and long bullish trend. At such a time, investors should remain completely alert and disciplined and bet only on shares of companies with strong fundamentals so that their portfolio can be protected from any sudden global shock.
