In observance of the auspicious occasion of Diwali, the stock markets are gearing up for the traditional Muhurat trading scheduled for November 12. The Bombay Stock Exchange and National Stock Exchange have announced that the symbolic trading session will unfold between 6 pm and 7.15 pm.
Muhurat Trading, deeply rooted in tradition, designates a one-hour auspicious window on Diwali for stock market activities. This age-old ritual is highly revered in the trading community, aligning with the commencement of the New Year according to the Hindu calendar. Believed to usher in wealth and prosperity for the upcoming year, the practice remains a significant part of Diwali celebrations.
On Diwali, November 12, the leading stock exchanges will host the special Muhurat trading session, encompassing a 15-minute pre-market segment. The symbolic trading window will be open from 6 pm to 7.15 pm, welcoming various segments such as equity, commodity derivatives, currency derivatives, equity futures & options, and securities lending & borrowing (SLB). Traders and investors eagerly anticipate this unique opportunity to partake in the age-old tradition and potentially set the tone for a prosperous financial year ahead.
