Muhurat Trading 2024
This year, Muhurat Trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for Diwali 2024 is scheduled for November 1. The pre-opening session begins at 6:00 PM, with the main Muhurat trading session running from 6:15 PM to 7:15 PM. This hour-long trading session marks the start of the new financial year according to the Hindu calendar and is considered an auspicious time to invest, symbolizing good fortune and prosperity.
Muhurat trading is largely ceremonial, with many investors choosing to make small, symbolic trades. Traditionally, it’s a time when investors favor blue-chip or fundamentally strong stocks with long-term growth potential. Brokers also often provide guidance on stock choices, suggesting that traders focus on technically solid stocks suitable for long-term portfolios.