What is Muhurat Trading?
Muhurat Trading is an auspicious trading session in the Indian stock markets. It is held during Diwali, specifically on the day of Laxmi Puja. Many believe that purchasing something of value such as stocks, mutual funds, gold, and more, on this auspicious day is akin to welcoming Laxmi into your financial life. Thus, this one-hour trading window is considered to be extremely fortuitous, bringing prosperity and good fortune.
Key points about Muhurat Trading:
- Takes place on Diwali, an auspicious day in the Hindu calendar.
- Lasts for a limited time, usually about an hour.
- Symbolises the start of the Hindu financial year.
Why Participate in Muhurat Trading?
Many investors and traders participate in Muhurat Trading for both its sentimental value and practical reasons. The session is seen as a way to usher in wealth and success, and aligning financial activities with positive sentiments and blessings.
Reasons to participate:
- Cultural significance: It is an opportunity to engage in a time-honored tradition, marking new beginnings in the financial world.
- Auspicious start: Many believe that trades executed during this period are blessed, leading to better financial outcomes.
- Sentiment-driven markets: The market tends to have a positive outlook during Muhurat Trading, often reflecting a buoyant mood among investors
Participating in this session can be a way to take advantage of the symbolic value as well as possible market movements.
Timing for muhurt trading in Diwali 2024
Date 1st Nov 2024 Day Friday
Total timing 1Hour 15 Minutes
Pre-open Session: 5:45 PM to 6:00 PM
Normal trading Time : 06:00 PM to 07:00 PM
During in this Muhurt trading session Rs 0 brokerage charge will be levied, if any charges will be deduct, automocally it will refund in your demat account on the next trading day.
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