The stock markets are scheduled to open for the auspicious Diwali Muhurat trading on November 12. According to notices from Bombay Stock Exchange and National Stock Exchange, the symbolic trading session will take place between 6 pm and 7.15 pm.
What is Muhurat Trading?
Diwali Muhurat Trading 2023. (Bloomberg)
{{^htLoading}} {{/htLoading}}
Muhurat trading, a revered tradition, offers a one-hour auspicious window on Diwali for stock market activity.
It is a symbolic and age-old ritual, is observed by the trading community on Diwali. Aligned with the New Year's commencement according to Hindu calendar, this ritual is thought to bring wealth and prosperity throughout the year.
The belief in the prosperity and financial growth associated with trading during the 'muhurat' or auspicious hour remains strong.
Date and Timing of Muhurat Trading 2023
Leading stock exchanges will host a one-hour special muhurat trading session on Diwali, November 12.
The symbolic trading session, inclusive of a 15-minute pre-market segment, will occur from 6 pm to 7.15 pm.
Various segments, including equity, commodity derivatives, currency derivatives, equity futures & options, and securities lending & borrowing (SLB), will be open during this time slot.
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
