During these leap years, Jupiter had been in a Fire Sign, i.e., Aries, Leo, or Sagittarius. The tremors that had been felt at the stock market in the past leap years had a strong connection with the Jupiter-Fire element combination. The table mentioned here will put the spotlight on this theory.
It shows the year ended with gain/loss in respective leap year
It shows the year ended with gain/loss in respective leap year
Leap year Planet
Tattva
(Element) Fire
1992 :-
Jupiter Leo 20.52.41Retrograde +658.04 Harshad Mehta News
1996:-
Jupiter Sagittarius 5.40.33 -28.88 NSDL Established
2000
Jupiter Aries . 01.22.40 -1237.42 .com bubble burst & Ketan Parekh News
(In 2000
Leap year Date Opening Closing Date Difference
2000 03-01-2000 5209.54 3972.12 29-12-2000 -1237.42
Year 2000 too had been a negative year for the investors. That year, on the international arena, the bubble of web business (popularly known as .com business) had burst. Moreover, on the local front, the news of Ketan Parekh and how he had wrongly managed to create an artificial upward trend in the market had greatly affected the market sentiments. Overall, the year 2000, another leap year, had been a bad year for the stock market.)
2004
Jupiter Leo 24.58.40Retrograde +730.21 Market in lower circuit for the first time
2008
Jupiter Sagittarius 9.02.46Combusted -10677.96 Global Recession
2012
Jupiter Aries 06.23.48 ? ?
2016
Jupiter Leo 29 Retrograde ? ?
2020
Jupiter Sagittarius 12.32.20Combusted ? ?
Thus, it can be safely said that whenever there is a combination of a leap year and Jupiter in a Fire Sign, the market does not favour the investors. Even if the market is up, there would be some news that would rattle the market sentiments.
Dharmeshh Joshi
The GaneshaSpeaks Team
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