Oct

21

Diwali also known as Deepavali and the "festival of lights" is an ancient Hindu festival celebrated in autumn every year. In spite of Diwali being a holiday, the Indian markets are opened for an hour, which is called Mahurat trading.

Barring the currency hedging issues and dividends and or fisher effect's on the actual futures…

Below are the returns of CNX Nifty Index, the day before Diwali's close (as Nifty has a tendency give additional 50 bps on that 1 hour trading day) and exit set to close the end of the year.


Comments

Name

Email

Website

Speak your mind

1 Comment so far

  1. bharat gandhi on October 22, 2014 12:40 am

    super analysis. almost a sureshot of getting good profits going by the above stats.and since Indian markets already in a multi year bull run all the more reason to buy on Muharat day this year.

Archives

Resources & Links

Search