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Muhurat trade at BSE this Diwali could bring good news for the economy

Both Sensex and Nifty have risen 26 per cent in the last one year, while Midcap index has risen 30 per cent.

Latha Venkatesh |

Updated:October 23, 2014, 5:20 PM IST
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Muhurat trade at BSE this Diwali could bring good news for the economy
Both Sensex and Nifty have risen 26 per cent in the last one year, while Midcap index has risen 30 per cent.

Mumbai: Muhurat trade at the Bombay Stock Exchange this Diwali could bring good news for the economy.

Both Sensex and Nifty have risen 26 per cent in the last one year, while
Midcap index has risen 30 per cent.

A lakh invested in Gati last year has yielded five lakh today and a lakh in NBCC last year has also yielded five lakh today.

Stock market is expected to continue to give returns and the direction of stock markets is upwards. The economy is also on the cusp of recovery.

Foreign investment likely to flow into the country, especially with a strong government at the helm and housing, consumer durables, auto sectors is also likely to grow.

This would also be a good time to get into the stock markets.

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