A special one-hour Diwali Muhurat trading session has been scheduled from 6 pm to 7 pm on Friday, 1 November 2024. Muhurat trading is a special trading session held on the exchanges on the occasion of Diwali. During this session, the exchanges remain open for only one hour, where traders and investors can trade tokens to mark the beginning of the new year.
Muhurat trading is considered an auspicious occasion to start anything new, including investing in the stock market. Many investors believe that buying shares during Muhurat trading brings them luck and wealth throughout the year. Stock traders start new settlement accounts on Diwali day. What is the timing of Muhurat trading session Muhurat trading sessions are usually held in the evening during the auspicious time of Laxmi Pujan on Diwali. The markets are closed for regular trading on that day and open only for an hour. All trades made during the Muhurat trading session are settled on the same day. There is usually a 15-minute pre-opening session and a closing session for settlement of all trades. Importance of Muhurat Trading Muhurat trading is important because it is an opportunity for investors to start their investment journey in an auspicious way. It is also a good time for experienced investors to add new stocks to their portfolio or increase their holdings in existing stocks. It is important to note that Muhurat trading is a one-hour trading session and the market can be volatile.
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