 "samvat, stock market, diwali, hindu calendar")
Samvat 2076 ended last week on a high note. It not just managed to cover the short-term losses towards the end but also recovered fully from the Covid-19 bloodbath. As against the pre-Covid peak of 41,945 that the S&P BSE Sensex attained in January 2020, the Hindu accounting year ended 3.6 per cent up at 43,443 points.
From the 2019 Mahurat till Friday, the stock market gave strong positive returns at 11.2 per cent, shows chart 1. This was quite high compared to the 5.8-6.5 per cent yield range of long-term government securities, but pale in front of 31.5 per
