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What is Samvat 2081 & why is it important to investors? 

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Samvat 2081 marks a significant period for Indian investors, signaling the start of a new financial year according to the Hindu calendar. It carries special meaning for those who follow the Indian stock market, as it aligns with Diwali, an auspicious festival. This article explores what Samvat 2081 is, why investors look up to it, and what portfolios typically comprise during this time.

What is Samvat 2081?

The term “Samvat” refers to the Hindu calendar year, and Samvat 2081 marks the latest cycle in this system, beginning during the Diwali festival. It signifies the start of a new Hindu year, Vikram Samvat, and offers investors a fresh beginning. 

The Vikram Samvat calendar is based on the lunar cycle. Unlike the Gregorian calendar, which begins on January 1st, the Hindu financial year begins with Diwali, a time believed to bring prosperity and fortune.

If you’re looking for information on Samvat today, let’s check out the details about the date and significance of Samvat 2081.

In 2024, Samvat 2081 will commence on October 31st, and there is a lot of anticipation among investors. Investors are excited to participate in the “Muhurat Trading” session—a special one-hour window to kick start the year positively. For many investors, Samvat is more than just a date on the calendar; it is also a time to reflect on past performance and adjust strategies for the year ahead.

Why Do Investors Look Up to Samvat 2081?

Investors pay close attention to Samvat 2081 for several reasons. In Hindu culture, the Diwali period is considered auspicious, and investing during this period is believed to bring good fortune. This cultural aspect creates a strong sentiment in the market, and many people look forward to Muhurat Trading to set a positive tone for the coming year. 

What is Muhurat Trading?

Muhurat trading, or auspicious trading, is a special one-hour trading session held on Diwali in the Indian stock market. This period is considered an ideal time to invest, with many traders believing that making trades during this time can attract wealth and prosperity. 

In 2024, it will occur on November 1st, from 6:15 PM to 7:15 PM. Anyone with a trading account through a registered stockbroker can participate. This tradition originates from traders who began their ventures on Diwali by paying homage to Lakshmi, the goddess of wealth. In the investment community, it also signifies the start of a new Samvat, marking the Hindu calendar year that begins with Diwali.

Samvat 2081 is also a time for reflection. Many investors review their portfolios’ performance over the last year and make necessary adjustments to align with market trends and economic conditions. For instance, the performance of certain sectors, such as technology or manufacturing, might drive investors to rebalance their portfolios during this period.

Another critical reason why investors focus on Samvat 2081 is the market outlook. Analysts often provide forecasts and strategies to capitalize on potential trends during this new year. In Samvat 2081, investors have been particularly eager to see how the Indian stock market will perform amid rising global uncertainties, including inflationary pressures and geopolitical issues. Therefore, Samvat 2081 is a cultural tradition and a pivotal point in the Indian financial markets.

What does the portfolio consist of during Samvat 2081?

During Samvat 2081, portfolios typically reflect a mix of traditional sectors and emerging opportunities influenced by market predictions and economic conditions. Here’s what investors should expect in their portfolios for Samvat 2081:

Large-cap Stocks:

Large-cap companies remain the bedrock of most portfolios during this period. Due to their established market presence and strong financials, they offer stability amidst market volatility. These include blue-chip companies in banking, IT, and FMCG (Fast-Moving Consumer Goods).  

Several large-cap stocks experienced strong growth in 2024. Fueled by its strong digital initiatives, Reliance Industries recorded a stock CAGR of 19% over the past year. Its profit rose by nearly 10%, reaching Rs. 19,323 crore in September 2024 compared to Rs. 17,445 crore in the previous quarter ending June 2024. Tata Consultancy Services, capitalizing on the global IT boom, achieved a CAGR of 17% in the last year. The banking sector also grew, with HDFC Bank posting a 7% year-on-year profit increase, while ICICI Bank saw a 12.34% rise. 

Sources: HDFC Bank, ICICI Bank, TCS, Reliance Industries Ltd.

Rich investors in India have closely followed these market trends, capitalizing on the performance of these large-cap giants to diversify their portfolios further and secure steady growth, particularly in sectors like technology, banking, and FMCG.

Mid-cap and Small-cap Stocks:

While large-cap stocks offer stability, mid-cap and small-cap stocks can provide the potential for high growth. These stocks perform well during periods of economic expansion, and investors looking to diversify their portfolios might allocate a portion of their portfolios to mid-cap and small-cap companies during Samvat 2081. Sectors like manufacturing, renewable energy, and pharmaceuticals could be good options for long term investors.

Mid-cap and small-cap stocks also witnessed significant growth in 2024. Companies like Bajaj Finance and Titan Company showcased good performance in the mid-cap segment. 

Titan Company reported a 10% year-on-year revenue growth, while Bajaj Finance posted an impressive 25% increase. Bajaj Finance’s revenue for the quarter ending June 2024 reached Rs. 16,099 crore, up from Rs. 12,498 crore in the same quarter the previous year.

In the small-cap segment, Dixon Technologies achieved an impressive 179% compound annual growth rate (CAGR) over the past year, posting a 70% profit increase in the quarter ending June 2024. The company’s profit for the quarter reached Rs. 140 crore, compared to Rs. 67 crore in the same quarter of the previous year.

 Source: Dixon Technologies, Titan Company, Bajaj Finance

Defensive Stocks:

Given the global economic uncertainty, many investors are incorporating defensive stocks into their portfolios during Samvat 2081. Defensive sectors like healthcare, utilities, and consumer staples perform well during market downturns. These sectors offer essential products and services that remain in demand regardless of economic conditions, providing a cushion for portfolios during volatile times.

The healthcare sector saw strong growth, with companies like Dr. Reddy’s Laboratories registering 13% revenue growth year on year and Cipla benefiting from increased demand for pharmaceutical products. Cipla reported a 16% increase in profits, with earnings for the quarter ending June 2024 reaching Rs. 1,175 crore, up from Rs. 998 crore in the same quarter last year.

Utilities stocks like Power Grid Corporation of India and NTPC also performed well, driven by the growing need for infrastructure development. Power Grid Corporation gave investors a 66% return in one year, whereas NTPC registered a growth of 11% in profits year on year. The Profit for the quarter ending June 2024 was Rs. 5,506 crore compared to Rs. 4,907 crore recorded for the same quarter last year. 

Source: DrReddy, CIPLA, Power Grid, NTPC

Emerging Sectors:

Samvat 2081 has seen growing interest in sectors such as renewable energy, electric vehicles (EVs), and technology. With India’s commitment to reducing carbon emissions and increasing the adoption of renewable energy, stocks in solar, wind, and EV industries are expected to gain traction. Additionally, the increasing use of technology in everyday life has made IT and tech-related sectors a key part of portfolios for the coming year.

The renewable energy sector experienced significant growth, driven by government initiatives and increasing environmental awareness. Solar energy stocks like Adani Green Energy and Tata Power Renewable Energy witnessed strong performance. Adani Green Energy recorded an impressive 64% growth in profits year on year. Tata Power reported a 12% increase in revenue, reaching Rs. 17,294 crore for the quarter ending June 2024, compared to Rs. 15,213 crore in the same period last year.

Tata 

Wind energy companies like Suzlon Energy benefited from favorable policies and growing demand. The company recorded 100% profit growth, at Rs. 302 crore for the quarter ending June 2024, compared to Rs. 101 crore recorded for the same quarter the previous year. 

Electric vehicle (EV) manufacturers and component suppliers, such as Tata Motors and Exide Industries, saw substantial growth as the EV market gained traction. Tata Motors’ profit grew by an impressive 53% year-on-year, and Exide Industries reported a 4.4% revenue increase, reaching Rs. 4,436 crore for the quarter ending June 2024, compared to Rs. 4,245 crore in the same period last year.

Sources: Adani Green, Tata Power, Suzlon Energy, Tata Motors, Exide Industries

Gold:

Gold has always been considered a safe-haven asset, and many investors look to gold to protect their portfolios against inflation and currency fluctuations. In Samvat 2081, with global inflationary concerns, gold will likely continue to be a popular choice among investors seeking safety. Some also diversify into gold-related financial products such as sovereign gold bonds (SGBs) or exchange-traded funds (ETFs) for better liquidity and ease of trading.

Gold ETFs, such as Goldilocks ETF and Nippon India Gold ETF, saw strong returns in 2024, tracking the price of gold. Sovereign gold bonds (SGBs) also performed well, offering a combination of capital appreciation and interest income

Fixed-income Instruments:

Debt instruments such as government bonds, corporate bonds, and fixed deposits remain a key part of many portfolios. These instruments provide a steady income and are less volatile than equity investments, making them a good option for conservative investors during Samvat 2081.

Government of India Bonds are the most common type of government bond issued by the Indian government. They are categorized by maturity period (e.g., 5-year, 10-year, etc.). Conversely, corporations issue corporate bonds to finance operations or projects. 

Some popular corporate bonds include Reliance Industries Bonds, Tata Consultancy Services Bonds, Infosys Bonds, HDFC Bank Bonds, ICICI Bank Bonds, Axis Bank Bonds, and State Bank of India Bonds.

Global Exposure:

Another trend in Samvat 2081 is the increasing interest in international markets. Investors are exploring global equities, especially in the US and Europe, as part of their diversification strategy. Global funds and ETFs that track major international indices provide exposure to global economic trends and reduce the risk of being heavily concentrated in one market.

Samvat 2081: A Year of Opportunities and Caution

Samvat 2081 offers a unique blend of opportunities and challenges for Indian investors. While the cultural significance of starting the financial year during Diwali sets a positive tone, the global market conditions present a mixed bag. 

Inflation, geopolitical risks, and economic uncertainty likely impact market movements making it essential for investors to maintain a balanced and diversified portfolio. 

Many market experts believe that Samvat 2081 could see a resurgence in sectors like renewable energy, electric vehicles, and technology, driven by government initiatives and global trends. However, focusing on defensive sectors and safe-haven assets such as gold also underscores a cautious approach in light of economic volatility.

Conclusion

With Muhurat Trading setting the tone, many investors seek share market advisory to adjust their portfolios and capitalize on emerging trends while safeguarding against market risks. By focusing on a mix of large-cap stocks, mid- and small-cap opportunities, defensive sectors, and safe-haven assets like gold, investors can successfully navigate the opportunities and challenges that Samvat 2081 brings. Diversification and a long-term outlook will be essential for success in the year ahead.

FAQ

  1. What is Samvat 2081?

    Samvat 2081 is the Hindu New Year, a significant date in the Indian calendar often used in financial and astrological calculations.

  2. Why is Samvat 2081 important to investors?

    Samvat 2081 holds special significance for investors, particularly during Muhurat trading, where the first trade of the new year is made on an auspicious day, believed to bring good luck and prosperity. Many investors also rely on SEBI-registered investment advisory services to make informed decisions. Additionally, some investors use astrological charts and Samvat-based calculations to guide their investment strategies.

  3. How can investors benefit from understanding Samvat 2081?

    Understanding Samvat 2081 can help investors Participate in Muhurat trading if they believe in its significance, be aware of potential market fluctuations that may occur around this time, and make informed investment decisions by considering astrological factors.

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I’m Archana R. Chettiar, an experienced content creator with
an affinity for writing on personal finance and other financial content. I
love to write on equity investing, retirement, managing money, and more.

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