TOI reports- Investors are approaching this Diwali with a heightened sense of dread unparalleled in the history of the Indian stock markets. When trading opens for 'muhurat' for one hour from 6.15 pm on Tuesday, the mood is at a record low, with the sensex having crashed 33% in October alone. Last year during the same festive season ther was a gain of 15% only in one month.This is year people have lose thier hopes and are praying Goddess Laxmi to bless them and recover the market situation soon.
It is seen that not even Harshad Mehta or Ketan Parekh's bear attacks fuelled had mauled the investors so badly, compared to the crashing world economy in October 2008 which has shaved off market capitalisation of Bombay Stock Exchange by Rs 15 lakh crore.
This is the time where the collaboration of 3Ds have made the lives of many miserable.People have lost more than 60% of their money.This year during the Dhanteras--a day before Diwali the streets were every time people visited to buy gold coins and others, were almost empty as people were found sitting back at home praying for the situation to get better.
The Darkest Diwali ever at the D-street!!!!!!!!!
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