Diwali Muhurat Trading 2024: Special 1-Hour Trading Session on Nov 1

The NSE (National Stock Exchange) has announced that Diwali Muhurat Trading will take place on November 1, 2024, coinciding with the start of the Hindu calendar year Samvat 2081. 

Diwali will be celebrated on October 31, and the special Diwali Muhurat Trading window will be open from 6 PM to 7 PM on November 1. The stock market will be closed for regular trading due to the Diwali holiday, this special 1-hour session allows investors to trade.

In a circular, the NSE confirmed that the Diwali Muhurat Trading session will run from 6 pm to 7 pm on November 1, and the trade modification deadline will be 7:10 pm. The BSE (Bombay Stock Exchange) will also hold a Muhurat Trading session on the same day, though the exact timings have yet to be announced. Trades made during this session will follow the regular trading process, with buyers and sellers responsible for settling their transactions according to standard rules.

Investors often participate in Diwali Muhurat Trading as it is believed to be a lucky time for financial investments, and they tend to buy stocks they believe will bring good returns. Diwali is considered an auspicious time for new purchases, including investments in stocks, gold, silver, real estate, and other valuable items.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.