Muhurat Trading is a special trading session organized by Indian stock exchanges to mark the auspicious occasion of Diwali. This event holds significant cultural and financial importance as it symbolizes prosperity and wealth. Investors and traders eagerly participate in this unique one-hour session, which is believed to bring good luck and positive returns throughout the new financial year. The session usually occurs in the evening during the auspicious hours of Laxmi Poojan, aligning with the Hindu Panchang.
Diwali, the festival of lights, is just around the corner. It is one of India’s major festivals and marks the beginning of the Hindu financial year. As in previous years, Indian stock exchanges have organized a special trading session to celebrate this event. Stock traders and investors are preparing for this year’s Muhurat Trading, scheduled to take place on Diwali day.
On Diwali, Indian stock exchanges arrange a special trading session during the auspicious hours of Laxmi Poojan, known as Muhurat Trading. This special trading window opens according to the Hindu Panchang, during the most auspicious hours, allowing traders and investors to buy and sell securities.
| Event | Time |
|---|---|
| Pre - open Session | 6:00 PM - 6:08 PM IST |
| Muhurat Trading | 6:15 PM - 7:15 PM IST |
| Post - Close Session | 7:30 PM - 7:38 PM IST |
| Market Close | 7:40 PM IST |
Diwali signifies the start of the Hindu accounting year, with special rituals such as worshipping account books and cash chests by the Gujarati and Marwari communities of India. Stockbrokers perform Chopra Pooja, or worshipping the account books, before the customary Muhurat Trading begins. They believe that making good business on this day will bring prosperity throughout the year.
This year, BSE and NSE have scheduled Muhurat Trading between 6:15 and 7:15 pm on Friday, November 1, 2024.
Muhurat Trading typically occurs in the evening. Stock exchanges announce a special one-hour trading session during which Hindu traders and investors buy and sell stocks to mark the start of a new financial year. It is believed to bring good luck and prosperity for the year ahead.
Muhurat Trading is a special, auspicious one-hour trading session conducted on Diwali by Indian stock exchanges, symbolizing prosperity and good fortune.
Muhurat Trading typically takes place in the evening during the auspicious hours of Laxmi Poojan, with specific timings announced by the stock exchanges closer to the date.
Yes, anyone with a trading account can participate in Muhurat Trading, similar to regular trading sessions.
While the rules of trading remain the same, Muhurat Trading is unique as it is conducted for a special one-hour session during Diwali and holds cultural significance.
No, the trading rules and regulations are the same as regular trading sessions, but the timing and cultural significance set it apart.
Participation in Muhurat Trading is not mandatory; it is a personal choice for investors and traders who believe in the auspicious nature of the session.
The risks associated with Muhurat Trading are similar to those in regular trading, including market volatility and the potential for financial loss. As it is a brief session, the market can be more unpredictable.
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