Wish You All A Happy and Profitable Diwali

Diwali or Deepaawali means an Array of Lamps i.e .Rows of diyas (Deep = Lamp, Vali =Array)Of all the festivals celebrated in India, Diwali is by far the most glamorous and important. Enthusiastically enjoyed by people of every religion, its magical and radiant touch creates an atmosphere of joy and festivity.

A very happy and prosperous Diwali to all our friends and readers. Lets pray for the well being and prosperity of all those who support us in our lives! May all of us create great wealth in our lives in the coming year.

It is a festival of lights symbolizing the victory of righteousness and the lifting of spiritual darkness. It celebrates the victory of good over evil - and the glory of light. This festival commemorates Lord Rama's return to his kingdom Ayodhya after completing his 14-year exile.

Homes are decorated, sweets are distributed by everyone and thousands of lamps lit to create a world of fantasy.Diwali is a time for fun and revelry. Diwali is also a time for pooja and tradition.

NSE Trading Holidays 2024

Trading holidays for the calendar year 2024. The National Stock Exchange of India (NSE) has notified trading holidays for the calendar year 2024 as below: Muhurat Trading: Timings of Muhurat Trading shall be notified subsequently.

Historical BSE Sensex returns - updated 2013

We have already seen the historical returns of the BSE Sensex, which indicated an average return of about 20% per year, despite many yearly returns varying from -20% to +60%. The following table shows BSE Sensex historical data - open, close and the yearly returns of the sensex from 2000 to 2012. There are some interesting points to note from the above table. Post 2008 crash of about 50% and 2011 negative returns of 24%, markets have given positive returns of 81% and 25%. Also the average returns for the past years is about 20% despite the markets being down 24%. The lesson is pretty much clear - long term investing pays and one need not bother too much about the ups and downs of the markets. During the past few years, the returns from investing in individual stocks have been varied. Despite markets being at 2 year highs, only a few stocks are at similar highs, while most of them are still languishing well below their historical highs and are down anywhere between 8

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