Saturday , November 23 2024

You will get an idea of ​​the future movement of the market

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Ahmedabad: There will be auspicious deals for Nav Vikram Samvat 2081 in the stock market tomorrow. On which the eyes of investors and the market are fixed. However, during the last five years, the Muhurat held on the day of Diwali has maintained a positive trend. The market has seen a slow but steady improvement in Muhurta deals over the last five years.

During the last five years, the market has received positive returns ranging from 0.37 percent to 0.88 percent on Muhurta trading days. Which proves that there is excitement in the market during Muhurta trading.

Last year d. Sensex has seen a rise of 23 per cent and Nifty index of 25 per cent during the year since Muhurat trading on 12 November 2023. In addition, other regional indices of the Bayou market also rose sharply and reached new highs.

In Vikram Samvat 2080, many major incidents have been seen at the global level as well as in India. Furthermore, general elections were also a major influencing factor. In particular, geopolitical tensions, slowing global economic growth and the relief package announced by China to boost the economy led to a sudden selloff by foreign investors in the last phase of the year. In which today, on the last day of trading of the year, a difference of 553 points was recorded in Nifty and 135 points in Nifty.

According to market research circles, tomorrow's Muhurta deals will give an indication of how the market will trend in the new year. However, given the current factors, the market is likely to remain in an unfavorable environment till the end of calendar year 2024.

A look at Muhurta trading in stock market

Year

nifty

ups and downs

Sensex

ups and downs

October 2019

structure

+0.37

3iii

+S.W.

November 2020

Dhanbham


+S.W.

p337

+S.W.

November 2021

17i16

+S.W.

Baddbadbi

+S.W.

October 2022

17730

+0.88

fuyam31

+0.88

November 2023

attention

+0.52

buffanfi

+0.55