Tuesday the 31st of January was a great day in the Tuesday specials. The BSESENSEX gained a staggering 330.25 points while the NSENIFTY gained 111.95 points. The markets had lost considerable ground on Monday on global weakness and this kind of recovery the very next day seems a little unusual. However it upholds the theory of Terrific Tuesday. The SENSEX in 20 trading days had gained 1,779.06 points while on the four Tuesdays it had gained 1,292.54 points. Monday we saw a fall of 370 points and on Terrific Tuesday a rise of 330 points. Very clearly even God wanted to show that Tuesday is terrific. The net gain now on 5 Tuesdays is a staggering 1,622.79 points or 93.94% of the monthly gain of 1,738.63 points. The Nifty has gained 521.75 points or 90.75% of the monthly gain of 574.95 points.
| SENSEX | NIFTY | |||||||
| Close | Prv day | Gain | Close | Prv day | Gain | |||
| 3rd Jan | 15939.36 | 15517.92 | 421.44 | 3rd Jan | 4765.3 | 4636.75 | 128.55 | |
| 10th Jan | 16165.09 | 15814.72 | 350.37 | 10th Jan | 4849.55 | 4742.8 | 106.75 | |
| 17th Jan | 16466.05 | 16189.36 | 276.69 | 17th Jan | 4967.3 | 4873.9 | 93.4 | |
| 24th Jan | 16995.77 | 16751.73 | 244.04 | 24th Jan | 5127.35 | 5046.25 | 81.1 | |
| 31st Jan | 17193.55 | 16863.3 | 330.25 | 31st Jan | 5199.25 | 5087.3 | 111.95 | |
| Total Gain | 1622.79 | Total | 521.75 | |||||
| Monthly | 17193.55 | 15454.92 | 1738.63 | Monthly | 5199.25 | 4624.3 | 574.95 | |
| Tuesday gain as % of monthly | 93.34 | 90.75 | ||||||
What next would be the question on everyone’s mind? There are three more occasions in the current calendar year 2012 where there would be 5 Tuesdays in a month. These are May, July and October. The theory is that in any month where there are five trading Tuesdays, that month is extremely volatile and the Tuesdays contribute significantly to the events during the month.
January has been a great month and “TERRIFIC TUESDAY” has been significant as demonstrated. Let us hope 2012 is a great year going forward and Tuesdays an investor delight.
