Diwali Muhurat Trading 2024: Check Date and Time for This Special Diwali Session

A special one-hour Diwali Muhurat Trading session is set for Friday, November 1, 2024, from 6:00 pm to 7:00 pm to celebrate Diwali. 

This session is a tradition in which stock exchanges open for just one hour, allowing traders and investors to make symbolic trades to mark the beginning of Diwali.

Diwali Muhurat Trading is seen as a lucky time to start new ventures, including investing in the stock market. Many believe that buying stocks during this period will bring good fortune and wealth for the year ahead. Traders often open new settlement accounts on Diwali, and the session takes place during the Laxmi Pujan, an auspicious time for worship.

The market is closed for regular trading on Diwali and only opens during this one-hour window. All trades made during Muhurat Trading are settled the same day, and the session includes a 15-minute pre-opening and closing period to finalise trades.

The significance of Diwali Muhurat Trading lies in the chance it offers investors to begin their investment journey on a positive and auspicious occasion. It’s also a good opportunity for seasoned investors to add new stocks to their portfolios or increase their holdings in existing ones. Since this session only lasts for one hour, it’s important to remember that market movements can be unpredictable and volatile during this time.

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.