The "muhurat" trading session will be of 60 minutes, to be conducted between 6.30 PM to 7.30 PM on the Diwali day, 19th October on leading bourses NSE and BSE. The special trading session would be conducted to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the New Year for traders as per the Hindu calendar, or Samvat 2074.
Since last Diwali, Sensex and Nifty have given returns of 16.1% and 17.7% respectively (as on 14th Oct'17). The probability of the stock market giving double digit returns in Samvat 2074 is similar like the year gone by. Back to the present scenario, the road ahead seems promising. However, the global events are likely to dictate the trend in the near future.
Its time to also review our Rs. 1 Lakh Diwali Muhurat Portfolio of 10 stocks of 2016 released by us on 30th Oct 2016, we are pleased to inform our Diwali Muhurat portfolio released last year has delivered returns of 10.1%.
Performance update of our 10 Diwali Muhurat Stock Picks - 2016
Honestly, we are not satisfied with the performance of our Diwali portfolio 2016 which has under-performed major indices Sensex & Nifty for the first time since inception. We will not leave any stone unturned to ensure that our Diwali Muhurat Portfolio - 2017 of 10 stocks outperforms all major indices delivering much better returns. Sensex has given 16.1% returns (27,962 on 29th Oct'16 to 32,433 on 14th Oct'17) and Nifty has given 17.7% returns (8,638 on 29th Oct'16 to 10,167 on 14th Oct'17) during the year where as Saral Gyan Diwali Muhurat Portfolio of 10 stocks have given absolute returns of 10.9% in same period.
Since inception, our Diwali Muhurat Portfolio which releases every year during Diwali has delivered positive returns and outperformed Sensex and Nifty by wide percentage points most of the times. Below is the performance update of Diwali Muhurat Portfolio released in previous years:
Diwali Muhurat Portfolio - 2015 has given returns of 14.1% compared to Sensex returns of 7%, outperformed Sensex by 7.1%
Diwali Muhurat Portfolio - 2014 has given returns of 23.5% compared to Sensex returns of -3.9%, outperformed Sensex by 27.4%
Diwali Muhurat Portfolio - 2013 has given returns of 129.1% compared to Sensex returns of 26.1%, outperformed Sensex by 103%
Diwali Muhurat Portfolio - 2012 has given returns of 13.1% compared to Sensex returns of 11.6%, outperformed Sensex by 1.5%
Diwali Muhurat Portfolio - 2011 has given returns of 16.6% compared to Sensex returns of 9%, outperformed Sensex by 7.6%
Our selection process includes lot of research and data analysis. We first identify the sectors that are likely to do well in next 12 months. Having that done, we further refine our search to select companies from that sector. We create a portfolio worth Rs. 1 Lakh comprising 10 stocks so that it can help investors to create a model portfolio with lump sum investment up to 1 Lakh.
We have given the different allocation to each of the scrips keeping in mind the risk versus returns ratio. We have also fine tuned the portfolio with large cap, mid-cap and small cap scrips from different sectors so that the investors can invest in a complete mix of stocks to balance their portfolio. Saral Gyan Diwali Muhurat Portfolio of 10 Stocks for 2017 will also include best of Hidden Gems and Value Picks recommended by our equity analyst’s team during last couple of years.
We continue to follow our simple but effective approach by evaluating each stock on the basis of below mentioned criteria’s.
Enjoy discount up to 30% and valuable freebies under Dussehra - Diwali Offer of 2017. To know more about the offer, click here. Hurry! Last few days, offer closes on 25th Oct'17.
Team - Saral Gyan.