Muhurat trading on Diwali!

Muhurat trading:

Muhurat trading is the slot of 1 hour on the auspicious day of Diwali Lakshmi pujan, trading done during the period is believed to bring prosperity and good luck.

During the Muhurat trading hour stock market open for an hour, and people invest in stock of their choice and hope for good luck and prosperity.

Tradition of Muhurat Trading:

For the trading communities of India, the new financial year begins with Deepawali. A puja is performed to accounts books and safes on Dhanteras as well as on Diwali day to signify the beginning of a new year. A coin(Sikka) – which signifies wealth , is placed on the account books before the puja. Stock brokers perform ‘Lakshmi Puja’ at the exchange and the customary Muhurat trading takes place. It is believed that on the night of Lakshmi Pooja, the Goddess comes to reside at the place of the puja during which the traders and shopkeepers stay awake with lights burning all night.

As Diwali/Deepawali also marks the beginning of the New Year, it is believed that Muhurat trading on this day brings in wealth and prosperity throughout the year. An auspicious beginning is thus made on the first day of the year.

Slot of Muhurat trading:

Muhurat trading is the slot of 1 hour on the auspicious day of Diwali Lakshmi pujan, trading done during the period is believed to bring prosperity and good luck.

During the Muhurat trading hour stock market open for an hour, and people invest in stock of their choice and hope for good luck and prosperity.

BSE and NSE will conduct Muhurat trading on October 27 from 18:15 hrs to 19:15 hrs.

Tips for Muhurat Trading:

If you want to invest in the stock market first decide your goal and act accordingly, one should go for long term perspective in the share market.

In the Slot of Muhurat trading there are various retail investor as well as FII and big player invest in their favourite stocks every year.

Happy investing & trading!

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