ทวีตที่ปักหมุด

Around big events like Mahakumbh, its always interesting to see how Capital markets respond .
The government spend in 2025 for Purna Maha Kumbh which happens once in 144 years is around Rs 7500 crores for preparation and construction of Kumbh City and the total collection is around Rs 3 lakhs crores in 45 days which is a staggering number.
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This same number was around 1300 crores in 2013 Mahakumbh when it comes to expenditure by Government whereas the total collection was around Rs 12000 crores.
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Though there is no consistent co-integration between big events like Kumbh and Capital markets, its intriguing to see how inflationary impact remains in short term due to sudden surge in food prices as it constitutes 1/2 of total CPI (though nationally cannot impact)
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So i decided to put the co-relation impact with 200 SMA to understand how short term the market impacts from end of Kumbh and what is the medium term impact since financially one cannot reach any conclusion. This analysis resulted in interesting data point as follows.
#Markets #kumbh

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