Share Market Crash / Investors drowned in this stock market plunge, 33 lakh crores were washed away in 46 days

With the start of Maha Kumbh Mela, the report of Samco Securities once again highlights the historical pattern. The stock market has declined during all the 6 Kumbh Melas held in the last 20 years, and this time too, the Sensex and Nifty witnessed a decline of more than 3.5%.

Share Market Crash: Maha Kumbh, which is considered the world's largest event from a spiritual and cultural point of view, impacts various aspects of Indian society. Recently, a report by Samco Securities came out, which stated that the Indian stock market witnessed a decline during the six Maha Kumbhs held in the last 20 years. This trend continued this year as well, and investors suffered huge losses.

Share Market Crash: In the words of figures

The Indian stock market witnessed huge fluctuations during the Maha Kumbh. When the market closed on January 10, 2025, the Sensex was at 77,378.91 points. But before the conclusion of the Maha Kumbh, the Sensex fell to 74,602.12 points, i.e. a total decline of 2,776.79 points (3.59%). Similarly, the Nifty also fell from 23,381.60 points on January 10 to 22,547.55 points on February 25, a decline of 3.57%. Overall, investors suffered a loss of more than Rs 33 lakh crore during this period.

Falls recorded in history

This is not the first time that the stock market has seen a decline during Maha Kumbh.

2004: 3.3% decline

2010: 1.2% decline

2013: 1.3% decline

2015: 8.3% decline (biggest ever)

2016: 2.4% decline

2021: 4.2% decline

2025: More than 3.5% decline

This makes it clear that there is a consistent trend of decline in the stock market during Maha Kumbh.

Continuous decline for the last five months

If we look from a long-term perspective, the stock market continues to decline from October 2024 to February 2025:

October: 6.22%

November: 0.31%

December: 2.08%

January: 2.01%

February: more than 4%

Slight rise in the stock market on February 25

On February 25, the Sensex saw a slight improvement. It closed at 74,602.12 points with a gain of 147.71 points (0.20%). However, the Nifty continued to decline and closed at 22,547.55 points with a decline of 5.80 points (0.03%).

Conclusion: Is this a coincidence or a deeper reason?

Whether this connection between Maha Kumbh and the stock market should be called a coincidence or a deeper reason, it is a matter of debate. However, historical data shows that the market tends to be bearish during Maha Kumbh. There may be economic, psychological and global reasons behind this, which will be important for investors to analyze.