Capitalmind says you make more money trading while you sleep. Here's why. (Image: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed
In a surprising twist to conventional trading wisdom, a long-term analysis of the Nifty 50 has revealed that the bulk of market returns over the past 25 years have come not during trading hours, but overnight.
Data compiled by Capitalmind Mutual Fund shows that investors who bought the Nifty at the close of each trading day and sold at the next morning's open would have multiplied their wealth by nearly 100 times. In stark contrast, those who bought at the open and sold at the close each day would have lost 84% of their capital.
From January 2000 to July 2023, the Nifty surged from 1,592 to 25,057 points, delivering a net gain of 23,