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^thMay 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 period. Sensex was 17584.87 on the start date and 17380.08 on the end date. Sensex was down 1.16%. Exactly after 6 months on 25^th October 2010 it was 20303, 16.82% up. 

During this period PUNE GERMAN BAKERY bomb blast took place on 13^th February in 2010 killing 17 people and injuring 60 people. 

Those who bought during this sell out made tons of money in JUST SIX MONTHS. 

14^th January 2013 to 11^th March 2013: - 

Kumbha Mela was conducted in Prayagraj between the above period. Sensex was 19906.41 on the start date and 19646.21 on the end date. Sensex was down 1.31%. Exactly after 6 months on 10^th September 2013 it was 20303, 1.79% up. 

Terror Attacks in Hyderabad took place during the above period killing 17 people. 

Overall market was normal during the period. 

14^th July 2015 to 28^th September 2015: - 

Kumbha Mela was conducted in Nasik between the above period. Sensex was 27932.90 on the start date and 25616 on the end date. Sensex was down 8.29%. Exactly after 6 months on 28^th March 2016 it was 24966, 2.54% down.

Overall the period of 2015 and 2016 was negative. 

22^nd April 2016 to 23^rd May 2016: - 

Kumbha Mela was conducted in Ujjain between the above period. Sensex was 25838 on the start date and 25230 on the end date. Sensex was down 2.35%. Exactly after 6 months on 21st November 2016 it was 25765, 2.12% up. 

We saw the NOTEBANDI on 8th  November 2016. 

Overall market even out the loss during the Kumbh Mela.

1^st April 2021 to 19^th April 2021: - 

Kumbha Mela was conducted in Haridwar between the above period. Sensex was 50029 on the start date and 47949 on the end date. Sensex was down 4.16%. Exactly after 6 months on 18^th October 2021 it was 61765, 28.81% up.

We had seen the second phase of COVID and tons of people died for lack of Oxygen during the March – May 2021 period. 

Market gave super-duper returns in this period. 

Conclusions: - 

Market has gone down by normal percentage during most of the KUMBH MELA except July 2015 Kumbh mela by 8%. Market has gone up by equal percentage after 6 months except 2010 when it went up by 10% and 2021 when it went up by 28%. 

Overall, it is safe to say the market did not see much movements during the KUMBHA PERIOD. 1% to 2% movements in a period of 1 months to 3 months is normal. The same way moving up by 1% to 2% in six months is also not very special. In that sense Kumbh was a non event. 

Our economy is not doing well in the last 3 months – as per Government estimates. For our regular reader we are saying that economic growth is not visible since March 2024. I am sure the on-going marriage season and the KUMBH MELA will add substantially to the GDP by February end when the MAHA KUMBH MELA ENDS.

If you need the correct perspective and right inputs for investing your hard earned money – you may take our help. Also take our help in personal destiny management through Astrology. 

Wish you all the best. 

 

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Learn a Lesson. Live with Passion & Invest with Reason.

 

Hitesh Parikh.