Muhurat trading 2024: Mahurat trading takes place on the auspicious occasion of Diwali. The Hindi term ‘Muhurat’ means ‘auspicious time’. Additionally, muhurat trading is considered lucky to launch new financial projects, and investors usually remain optimistic about the coming year. It reaffirms confidence in the stock markets and the beginning of prosperity in the coming year.
In the Indian stock market, Mahurat trading takes place on the auspicious occasion of Diwali. The Hindi term ‘Muhurat’ means ‘auspicious time’. As per Hindu calendar, a muhurat occurs when the planets align to bring good fortune and wealth. Hence, each year, stock markets declare a one-hour session for Diwali muhurat trading.
Significance of Muhurat trading
Muhurat trading is a ceremonial trading session held on Indian stock exchanges during Diwali to mark the beginning of the new Hindu calendar year.
Additionally, muhurat trading is considered lucky to launch new financial projects, and investors usually remain optimistic about the coming year.
Apart from this, muhurat trading marks the beginning of the peak business season and draws a large number of participants. Furthermore, muhurat trading reaffirms confidence in the stock markets and the beginning of prosperity in the coming year.
Muhurat trading hours
The muhurat trading hours are normally in the evening. Hindu traders and investors buy and sell equities on both the exchanges – National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) during muhurat trading hours.
Many investors think that trading during that specific period will bring them wealth and prosperity for the rest of the year.
Muhurat trading could be an excellent opportunity to reconsider or execute a new trading technique. However, you should gain complete knowledge and understanding of current trends, and keep a watch on shifting stock prices.
BSE Muhurat Trading 2024
As per BSE’s website, “Muhurat Trading shall be held on November 01,2024 (Diwali – Laxmi Pujan). Timings of Muhurat Trading shall be notified subsequently. The Exchange may alter / change any of the above holidays, for which a separate circular shall be issued in advance.”
NSE Muhurat Trading 2024
Meanwhile, NSE stated that, “Muhurat Trading will be conducted. Timings of Muhurat Trading shall be notified subsequently.”
