Every year on Diwali, a special one-hour trading session is organized in the stock market. This is also called Muhurta trading. This day is considered very auspicious for investment. Investors see this as an opportunity to make money. This year BSE and NSE will start Muhurat trading session from 6 pm to 7 pm on Friday, November 1. When the market will remain closed for the whole day.
The biggest question is whether investors benefit on Muhurta trading days or not. Historically, Muhurta trading sessions have been money makers for investors. Even though the trading volume is relatively low. Over the last 16 years, stock markets have closed in the green for 13 consecutive trading sessions. Let us also tell you what kind of stock market figures were seen in the Muhurta trading sessions in the last one and a half decade?
How was the Muhurta trading session last year?
In the year 2023, Diwali was celebrated on 12 November. On this day, in the special session, the stock market showed its second best performance in the last 5 years and made the investors rich. Bombay Stock Exchange benchmark Sensex closed 355 points or 0.55 per cent higher at 65,259 and Nifty 50 closed 100 points or 0.52 per cent higher at 19,525. Mid and small cap stocks performed well, with the midcap index rising 0.67 per cent and the smallcap index rising 1.14 per cent. Investors have increased the market cap of all the companies listed on BSE to Rs 322.5 lakh crore.
Nifty's performance on Muhurta trading in the last one and a half decade
Increase/decrease in Nifty on Sal Muhurta trading
2023 0.52 percent
2022 0.88 percent
2021 0.5 percent
2020 0.47 percent
2019 0.37 percent
2018 0.7 percent
2017 -0.6 percent
2016 -0.04 percent
2015 0.5 percent
2014 0.2%
2013 0.2 percent
2012 -0.3 percent
2011 0.2 percent
2010 0.5 percent
2009 0.02 percent
2008 5.9 percent
expert opinion
Experts recommend being careful on the day of Muhurta trading. Given the limited liquidity on peak trading days, it is generally suggested that investors, especially beginners, invest in tokens rather than large trades. Advice can also be taken from a financial advisor today. Especially when any investor is confused about which stock to invest his money in. Experts continue to advise not to let the festive atmosphere overshadow investment decisions. Instead, use this opportunity for strategic, long-term gains.