Hello Friends, in today’s blog we see the what is muhurat trading and time in this dipawali. so you can trade in happy hour.
Time for Muhurat Trading:- 6pm to 7:15pm at 12 novermer 2023
Muhurat Trading Time in Dipawali:-
so let’s understand what is the muhurat Trading
Muhurat trading, is a special and auspicious trading session in the Indian stock market. It is conducted on the occasion of Diwali, which is one of the most significant festivals in India.
Muhurat trading is a tradition in Indian financial markets, and it is believed to bring good luck and prosperity for the upcoming year.
Here are some key details about muhurat trading:
1. Timing:
Muhurat trading is a one-hour trading session that takes place in the evening on Diwali, India’s Festival of Lights. The specific timing is determined based on the Hindu calendar and is considered an auspicious time for trading.
2. Symbolism:
The session is symbolic, and many investors and traders participate in muhurat trading to mark the beginning of the Hindu calendar’s new year. It is believed that making investments during this session will bring good fortune and success in the coming year.
3. Short Duration:
Muhurat trading is a brief session, lasting for about one hour. It usually takes place after the regular trading hours have concluded.
4. Traditional Practices:
Some investors and traders follow traditional rituals, offer prayers, and perform other customary practices before participating in muhurat trading. They seek blessings for their financial endeavors.
5. Liquidity:
While muhurat trading is a notable event, it typically experiences lower trading volumes and liquidity compared to regular trading sessions. Many participants engage in the session for symbolic or sentimental reasons rather than for substantial trading.
6. Stock Exchange Notification:
The specific timing and rules for muhurat trading are announced by the stock exchanges, such as the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), well in advance of Diwali.
7. Closing Bell:
The muhurat trading session concludes with the ringing of the closing bell, symbolizing the start of the new financial year.
It’s important to note that muhurat trading is a tradition and symbolic event rather than a significant market-moving session.
While it is considered an auspicious time for trading, investors should exercise caution and not make impulsive investment decisions solely based on tradition.
Sound investment decisions should be grounded in thorough analysis and a well-defined investment strategy.
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