Diwali Stock Market Holiday: Preparations for the festive season are going on in full swing. There will be a holiday in almost the entire country on the auspicious occasion of Diwali. Along with this, stock markets will also remain closed on account of Diwali. However, Muhurta trading will definitely happen. Stock markets will remain closed on 21st and 22nd October. Diwali and Lakshmi Puja will be celebrated on 21st October. Besides, Muhurat trading will also take place on this day. A holiday has been declared on 22nd October due to Balipratipada. Muhurat trading will be done on 21st October in both the major exchanges of the country, BSE and NSE.
Muhurta trading time?
Muhurat trading session will be organized in both BSE and NSE exchanges on October 21 from 1:45 pm to 2:45 pm. Along with this, the time for pre-open session has been fixed from 1:30 pm to 1:45 pm. There is a lot of curiosity among investors regarding Muhurta trading. Investors consider this occasion auspicious and do auspicious trading for success and progress in their portfolio. If we talk about the last few years, after the Muhurat trading, the stock market has closed with a green mark.
What is Muhurat Trading?
The tradition of Muhurta trading has been going on for years. The market does not remain open the entire time on the Muhurat trading day. The market is opened for special, 1-hour trading sessions. This session is traditionally considered auspicious for investors. Investors generally buy and sell shares on Muhurta trading days. It is believed that on this day Lakshmi, the goddess of wealth and prosperity, blesses investors. Due to which they get profit on their investment throughout the year.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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