Muhurat trading is a special one-hour session on the Indian stock exchanges (BSE and NSE) held on Diwali.
Auspicious timing: The term muhurat refers to a propitious or astrologically favourable time. The trading session is held during an auspicious planetary alignment, and investing during this time is believed to bring wealth and prosperity throughout the new year (Vikram Samvat).
Start of the financial year: For many traders and investors, Diwali marks the start of a new Hindu financial year. Engaging in muhurat trading is a ceremonial and symbolic way to begin the year on a positive note, hoping for profitable returns.
Blending tradition with finance: The tradition originated from Indian business communities who would perform Chopda Pujan (worship of account books) on Diwali and open new ledgers. Muhurat trading is a modern continuation of this ritual, linking financial activity with cultural tradition.
Positive sentiment: The session is often characterized by a festive and optimistic atmosphere. Many investors participate, regardless of the size of the trade, to feel part of this shared cultural event. This positive market sentiment can sometimes lead to bullish trends during the session.
Today Muhurat is coming after Market Closing , second - it was discussed already to open /execute session without clashing with "Dipawali Poojan Time" in evening.
Wishing everyone a Happy and Prosperous Dipawali 🎉🎉🪔🪔🎇🎇
