The impact of Chaitra Mashanta will cease today. This means that if you sell your shares tomorrow, you will not receive your payment before Chaitra Ma
The impact of Chaitra Mashanta will cease today. This means that if you sell your shares tomorrow, you will not receive your payment before Chaitra Mashant.
It is time for investors who have taken a loan for three months, to pay interest on their loan. For this purpose many of them will sell their shares, to withdraw money from the share market. This has been causing increased selling pressure during the time of Mashant. It is because of this, that the share market has been under immense pressure for the past few days.�
If you sell your shares on Tuesday, you will receive your money on Friday from the broker. But, if you delay and sell the shares tomorrow Wednesday, you will be receiving your payments directly on Sunday. The investors estimate that the selling pressure on the market is supposed to decrease from Wednesday.
As the influence of Chaitra Mashant subsides, people are speculating the market to go back to normal from Sunday. The reduction in selling pressure is a positive sign for the share market.
