Muhurta trading is from 6.15 pm to 7.15 pm, investors have made gains before this session.

New Delhi: On Thursday, on the occasion of the country’s biggest festival Diwali, Muhurta trading will be held once a year from 6.15 pm to 7.15 pm on the stock exchanges BSE and NSE. This is because the Hindu merchant community welcomes the first day of the Samvat of the accounting calendar for their accounts by taking out the Muhurta in an auspicious time coinciding with this day. On this day traders maintain the age-old tradition of making the first deal of the year in a special one-hour session in auspicious Muhurtas, the timing of this session is decided on the basis of planetary positions, as it is considered auspicious to start the tradition. goes. new business activity.

The history of the trading session shows that investors are rarely disappointed on Diwali Muhurta trading day as 11 out of 15 BSE Sensex closed higher in this Muhurta trading session. BSE, which has been following this tradition for more than six decades, will host an online Lakshmi Pujan this year at 4.45 pm, followed by Vaccine Warriors Samman at 5.30 pm. As per the schedule, the block deal session will run from 5.45 pm to 6 pm. After which the pre-open session will be held between 6 pm to 6:08 pm. After which the Muhurta trading session will start.

Aparajita Saxena, Research Analyst, Trustline Securities, said. That, “As this symbolic buyout on the eve of the festival, investors can buy early investment tokens that can give long-term returns on their investments. Hence, this is also the perfect time for new investors to enter the market.” The equity index has historically performed very well in this particular trading session, although it has generally seen low trading volume and little stock movement in the short term.

Last year Diwali was celebrated on November 14. The BSE Sensex closed with a gain of 0.45 per cent on that day. The index rose 0.49 per cent on the day of Diwali on 27 October 2019. In 2018, the 30 pack index had gained 0.70 per cent daily on Muhurta trading. Whereas during the Muhurta trading session in 2017, 2016, 2012 and 2007 there was a slight decline in the index.

October 28, 2008 was a special day when the Sensex rose 5.86 per cent during the one-hour trading session. It settled at 9,008 for the day, but remained range-bound for the rest of the year following the global financial crisis.

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