Shubh Muhurat Trading 2023: Your Gateway to Abundant Returns
Investing in the stock market is gaining popularity, with a significant increase in the number of people opening demat accounts and actively participating in share market investments. This trend follows traditional practices, which have been part of the stock market for several years and continue to be observed during the festive season, particularly during Diwali. Once again, as Diwali approaches, a favorable opportunity has presented itself.
Muhurat Trading
Every year, on the occasion of Diwali, the stock market hosts a special trading session known as “Muhurat Trading.” This tradition is considered highly auspicious for making investments. As a result, the Indian stock market opens for an hour on Diwali day, and this year is no exception with Muhurat Trading on the horizon.
Dates and Timing for Muhurat Trading
Major stock exchanges like BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will conduct a special “Muhurat Trading” session on 12th November, coinciding with the Diwali festival. As per official statements, the symbolic trading session will be held from 6:00 PM to 7:15 PM. It includes a 15-minute pre-market session.
A New Beginning with Diwali
This trading session marks the beginning of a new financial year, symbolizing a fresh start. It is believed that “Muhurat” or auspicious time brings prosperity to the business community. In the Hindu calendar, the year begins with Diwali, also known as “Samvat.” Financial analysts often state that commencing any new venture during this session is considered highly auspicious. It is said that investors who engage in trading during this period tend to experience profitable outcomes throughout the year. Meanwhile, stock markets will remain closed on 14th November on the occasion of Diwali Balipratipada.
The concept of Muhurat Trading is deeply ingrained in the Indian stock market and holds great significance for investors. This unique tradition continues to attract individuals looking to make a fresh start in their investment journey, emphasizing the importance of timing and symbolism in the world of finance.
In conclusion, Muhurat Trading during Diwali is a cherished tradition that adds a touch of auspiciousness to stock market investments. It marks the beginning of a new financial year and is considered a favorable time for investment. So, for those looking to invest in the stock market, Diwali presents a unique opportunity to start fresh and potentially reap the benefits throughout the year