Kumbh Mela and Investing Opportunities in the Market
13 th January 2025 Kumbh Mela and Investing Opportunities in the Market Dear All, Greetings from Hitesh! Today Maha Kumbha Mela started in PRAYAGRAJ. It will last till 26 th Feb., 2025. We are sharing a very interesting study with the Kumbh Mela and Stock Market Movements. We are sharing our study from 2004 onwards. 5 th April – 4 th May 2004: - Kumbha Mela was conducted in Ujjain. Sensex was 5838.02 on 5 th April 2004. Sensex 5647.15 on 5 th May. It was down 3.27%. Six Months after 4 th May – i.e. on 1 st November 2004 5704. It was 1.01%. During this period India had 14 th Lok Sabha Elections between 20 th April 2004 to 10 th May 2004 were held and BJP lost power and lower circuit was hit in the market. Those who bought during this sell out made tons of money in 2005. 14 th Jan 2010 to 28 th April 2010: - Kumbha Mela was conducted in Haridwar between the above p...