BSE & NSE to Host One-Hour Muhurat Trading on Diwali, November 1: Start of Samvat 2081
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Leading stock exchanges BSE and NSE will hold a special 'Muhurat Trading' session for one hour on Diwali, November 1, to celebrate the start of Samvat 2081, the new Hindu calendar year. The symbolic trading event will take place between 6 pm and 7 pm, as confirmed by separate circulars from both exchanges.
Muhurat Trading holds great significance in the stock market as it aligns with the auspicious beginning of the Hindu New Year, which starts on Diwali. It is believed that trading during this fortunate hour brings prosperity and financial success to participants.
While regular trading will be closed for Diwali, this special one-hour window allows investors to engage in the market during an evening session. The pre-opening session will take place from 5:45 pm to 6:00 pm, setting the stage for the brief but important trading period.
According to market analysts, Diwali is considered an ideal time to begin new ventures, and trading during the Muhurat session is believed to bring benefits throughout the year. However, due to the short duration, markets may experience volatility, with less emphasis on profitability and more on the traditional gesture.
Investors will be able to trade across various segments, including equity, commodity derivatives, currency derivatives, equity futures & options, and securities lending & borrowing (SLB), all within the same one-hour timeframe.