Diwali is also special for the stock market in many ways. On the auspicious occasion of Diwali, traders do everything according to the Muhurta to please Goddess Lakshmi. Like every year, Muhurta trading will be held in the stock market this year too. Muhurta trading is auspicious stock market trading for one hour on Diwali. It is a symbolic and age-old ritual that has been followed by the trading community for centuries. This year Muhurta trading session will start from 6:15 PM and end at 7:15 PM today.
Time and importance of Muhurta
Let us tell you that on this day the special trading window opens according to the Hindu calendar and Muhurta. It is considered auspicious in many ways. Muhurta trading was first introduced by the Bombay Stock Exchange (BSE) in 1957, when it reserved an hour on Diwali for stock trading. The National Stock Exchange (NSE) carried on this tradition and allowed trading for one hour on Diwali in 1992. Since then, traders believe that any deal done during Muhurta trading brings fruitful results as well as prosperity. During this time, business communities offer prayers to the Hindu goddess of wealth, Lakshmi. If you also want to invest in this auspicious time, then this is the best opportunity for you. If you want to invest for a long time, then brokerage house CNI Research and Samco have brought special stocks for you which can give you huge profits from long term.
Also read: Muhurta trading will be held in the stock market and stock exchange for one hour on the day of Diwali
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