Will Bulls remain in control in July? History says Nifty 50 has a 72% success rate

Historical data shows the Nifty 50 has delivered positive returns in 18 of the last 25 Julys, a 72% success rate, with an average return of 2.19%, making it the third-best performing month. Axis Securities maintained its December 2026 Nifty target at 27,220, implying around 20% upside from current levels, citing supportive factors including cooled crude prices near $72 per barrel, stabilising rupee, and moderating FPI selling. The brokerage advised investors to keep 10-15% liquidity for phased deployment during market declines.