Measuring the relative performance is essential for setting the right priorities for the Investing. Relative performance, expressed in percentile rankings and explains how well a sector is performing in comparison with other sectors.
8 November Tuesday, In New York time the voting (US Election) is expected to open between 6 am to 7 am and close at around 7 pm to 8 pm in most of the areas. It may continue till 9 pm in Iowa and North Dakota. The real clarity will emerge around midnight India time on Tuesday night and by Wednesday 8:30am India time, all the voting will be over. Usually we’ll know the winner by 2am IST on Wednesday And if it is a really hard fight then latest by 6am Mumbai time. As the US Elections and Election results are near and its time to lookup into the NSE sector performance.
Since 2012 Nifty Auto Sector had delivered phenomenal returns of more than 300x times Return on Investment. That shows the significant presence of longer time-frame participants who believed in the growth story and economics of the auto sector. Also sheer Outperformance when compared with benchmark index Nifty 50.