Diwali is round the corner. Traditionally, for sentimental reasons, Sensex used to hit new highs for Diwali and cool down later. Since foriegn investors and big mutual fund managers know this, they are trying to cash in on this phenomenon. Offlate Sensex has been peaking slightly before Diwali.
So, beware if you are putting in at this point of time
Diwali is round the corner. Traditionally, for sentimental reasons, Sensex used to hit new highs for Diwali and cool down later. Since foriegn investors and big mutual fund managers know this, they are trying to cash in on this phenomenon. Offlate Sensex has been peaking slightly before Diwali.
So, beware if you are putting in at this point of time