Saturday , November 23 2024

When will Diwali Muhurat trading happen this year? Know its importance

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Every year on Diwali in the country, Muhurta trading is done in Bombay Stock Exchange and National Stock Exchange. Based on the position of the planets, the time chosen for any auspicious work is called Muhurta. BSE and NSE hold a special one-hour trading session to mark the beginning of the new financial year on Diwali due to the Hindu calendar. This is called momentary trading. It is believed that it brings good luck. This year, preparations for the annual Muhurat trading in the stock market have already started.

There is a belief that it is good to buy stocks on Muhurta trading days.

In our country, stock brokers of the stock market consider Diwali as the beginning of the new financial year. Many investors believe that buying shares on Muhurta trading days brings prosperity and progress in the coming year. They believe so. Therefore, during this time he also manages his portfolio and also organizes new accounts. Despite the symbolic importance of moment trading, stockbrokers actively participate in it. However, small investors need to keep in mind that the stock market fluctuates rapidly during this period.

Investors will start Muhurat trading from November 1

This year, Lakshmi puja has also been done on Muhurat trading. So that their prosperity and wealth continues to increase. Investors will also start Sawant-2081 by trading during this period. No official information has yet been revealed by BSE and NSE regarding this. But this year Muhurat trading will be done only on 1st November. BSE and NSE will give separate information in this regard later. According to BSE website, Muhurat trading is going to happen on November 1 this year. Its time is not known yet. Intra-day traders will have to pay attention. Decisions on all positions will be taken 15 minutes before the end of the session. They need to plan their trading carefully on this account.