If you invest in the stock market, then this news can prove useful for you. Special Muhurat trading is organized on the day of Diwali. This time Diwali will be celebrated on October 31 but Muhurat trading will be on November 1. Let us know what is the reason behind this.
Muhurat Trading Timings
NSE and BSE have issued circulars related to Muhurat trading. According to the circular, this time Muhurat trading in the stock market will be held on November 1. However, Diwali will be celebrated on Thursday, October 31. Due to Diwali, the stock market will be closed for normal trading but a special trading session of one hour will be held in the evening. The normal trading session will run from 6 pm to 7 pm and the time for trading modification will be till 7:10 pm. The pre-opening session of the market will be from 5:45 pm to 6:45 pm, after this time period it will continue as usual.
What is the reason?
Actually, this time there is a lot of confusion about Diwali, but this time the festival of Diwali is being celebrated on 31 October in the country. At the same time, Diwali holiday in the stock market is on 1 November this time and Muhurat trading is also on the same day in the evening. However, according to NSE, there may be a change in the holidays due to the festival and other reasons.
BSE has also informed on its website that special Muhurat trading will be held on November 1. However, no official information has been given about the timing yet.
Why Muhurat Trading is Important
During Muhurat trading on Diwali, investors invest in stocks that they find auspicious and profitable. They believe that investing in such stocks during Muhurat trading brings prosperity and wealth. Investors start their new year from this day. Muhurat trading is considered as the beginning of the new year 2081. It is considered very auspicious.
Muhurat Trading History
If we look at the history of Muhurat trading, it has been happening in the Indian stock market for a very long time. Historically, the first Muhurat trading was organized on the Bombay Stock Exchange (BSE), which happened in the year 1957. Muhurat trading on NSE (National Stock Exchange of India) started in the year 1992.
