Muhurat Trading 2023: There are only a few days left for the festival of Diwali but share market players have already started preparations for this day. Although the stock market remains closed on Diwali, Muhurat trading is done only for one hour.
Come, let us know what is the meaning of Muhurta trading in the stock market?
The trend of Muhurat trading in exchanges on the occasion of Diwali has been going on since 1957. According to market experts, Muhurta trading is completely linked to tradition. Investors follow the market tradition by making small investments during this one-hour Muhurat. People believe that by buying stocks during Muhurta trading, they get profit throughout the year. Traders associated with the stock market open new accounts on the day of Diwali.
Know when will Muhurat trading start on this Diwali?
Muhurta trading sessions are generally held in the evening during the auspicious time of Lakshmi Puja on Diwali. On this day all exchanges remain closed for business. As per market tradition, markets are open only for a period of one-and-a-half hours for Muhurat trading.
NSE has announced the timings for the special Muhurat trading session to be held on November 12 (Sunday).
See what time trading will start
- Block Deal Session: 5:45 pm to 6:00 pm
- Pre-Open Session: 6:00 to 6:08
- Normal Market Session: 6:15 pm to 7:15 pm
- Call Auction Illiquid Session: 6:20 pm to 7:05 pm
- Loading session: 7:25 pm to 7:35 pm