Stock market or gold, who has made the earning record since last Diwali? – Read
Even though the entire country is celebrating Diwali on 31st October, the day of special Muhurat trading on stock market and multi-commodity has been fixed on 1st November. On this day, stock market investors get a chance to trade their favorite shares for one hour and invest in gold and silver on MCX. If from last Diwali till now i.e. since special Muhurta trading, gold has given more than Sensex and Nifty. This means that tremendous income has been generated. It is not at all the case that Sensex and Nifty have given low returns. Both have seen returns of more than 20 percent. Let us also tell you what kind of figures have been seen for Sensex, Nifty, Gold and Silver.
Sensex did not reduce earnings
First of all, if we talk about Sensex, the main index of Bombay Stock Exchange, last year on the day of Diwali i.e. on 12th November, it closed at 65,259.45 points with a gain of 354.77 points on the day of Muhurta trading. Since then, Sensex has given a return of 15,109.58 points i.e. 23.15 percent. If we compare it with the normal day from November 10, 2023, the Sensex closed by 64,906.68 points. Since then it has seen an increase of 15,462.35 points. This means that investors have got a return of 24 percent. On October 29, i.e. Dhanteras, the Sensex closed at 80,369.03 points.
Nifty gave more returns than Sensex
On the other hand, Nifty has given more returns than Sensex since last Diwali. On October 29, Nifty closed at 24,466.85 points. If we look at Muhurat trading of last Diwali, an increase of 4,941.3 points was seen in Nifty. This means that since last Diwali till now Nifty has earned 25.30 per cent. Last year, before Diwali i.e. Muhurta trading on November 10, Nifty has seen an increase of 5,041.5 points compared to normal days. This means that investors have earned 26 percent.
Silver no answer
On the other hand, there is no answer for silver. The special thing is that a few days before Diwali, silver had crossed Rs 1 lakh. But on the country’s futures market Multi Commodity Exchange, silver is priced at Rs 98,730 after the market closes on October 29. The special thing is that after the Muhurta trading of last Diwali, investors have seen a tremendous increase in the price of silver. According to the data, last year on the day of Muhurat trading, silver had closed at Rs 70,032. Since then it has seen an increase of Rs 28,338 per kilogram. This means that in the last one year, investors have been given a return of 41 percent.
Gold also made big money
Now talking about gold, investors have made huge profits since last year’s Muhurat trading. According to the data, last year on the day of Muhurat trending, the price of gold closed at Rs 59,752. Since then, gold has given a return of 31 percent to investors. On October 29, gold closed at Rs 79,233. This means that the price of gold has seen an increase of Rs 19,481 per ten grams since last year’s Muhurat trading. If experts are to be believed, further rise in gold prices may be seen in the coming days.
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