On the occasion of Diwali, there will be Muhurta trading for one hour on BSE and NSE. This trading will start at 6 pm on November 12 and end at 7.15 pm, with 15 minutes kept for pre-market session. Diwali will be celebrated across the country on 12th November.
Every year BSE and NSE start Muhurat trading on the occasion of Diwali, which is open for only one hour. Trading on Diwali is considered auspicious. According to the Hindu calendar, the day of Diwali is also considered to be the beginning of the new year, which is called Samvat. It is also said that trading on Diwali brings prosperity and happiness.
It is auspicious to trade on Diwali!
Diwali is on Sunday and usually the stock market is closed on Sunday, but due to Diwali, Muhurat trading will be done. Trades taking place on Diwali are settled on the same day. Stock market experts believe that starting a new venture on the day of Diwali is considered auspicious. The experience of trading on Diwali has also been good.
Trading often closes on gains
If we look at the history of trading on Diwali, this day has hardly disappointed the investors, BSE Sensex had closed with an increase in 7 out of the last 10 such special sessions. Trading volume has generally been low, as many traders prefer to make token purchases rather than full trades. During that short period, fewer stocks rise.
Stock market will remain closed on 14th November
Stock exchanges have informed that on November 12, trading will be done for one hour in the evening in Equity, Commodity Derivatives, Currency Derivatives, Future and Option as well as Securities Lending. Stock markets will remain closed on 14th November on the occasion of Diwali Baliprada.
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