Muhurat Trading on Diwali Day is considered a good time to invest in equity marketplace for healthful returns within a period of time. Indian market, which observed a double digit correction from record highs hit in August, gave several investors sleepless nights like portfolios of several turned red from black only in matter of months. In last two months, benchmark indices were pushed below crucial support levels. But, it looks like we’ve hit a bottom at 10, 000 on Nifty, and the only way for economy to proceed is up’.
The year 2018 was explosive for the equity and debt market across the world mainly on account of the impending trade war between the US and China combined with a change in the interest rates coverage across important central banks in developed country.