Learn the Date, Times, Significance, and Other Important Information about Diwali Muhurat Trading in 2023

On Sunday, November 12, the NSE and BSE stock markets will open for an hour to participate in Diwali muhurat trading, a symbolic trading session hosted by stock exchanges to commemorate the auspicious holiday.

What are the timeframes for Muhurat Trading in 2023?

The NSE has declared that on November 12, in honor of Diwali, the stock market would be open for Muhurat Trading from 6 p.m. to 7:15 p.m. This includes a pre-open session time of eight minutes, from six to six:08 p.m. Additionally, at 5:45 PM, the block deal window will open.

There will be a regular market session from 6:15 to 7:15 p.m. Trade modifications are permitted till 7:25 p.m. The concluding session is scheduled to take place from 7:25 PM to 7:35 PM.

On November 12, the block deal session will take place from 5:45 to 6 p.m. On the other side, the call auction illiquid session is scheduled to occur from 6:20 PM to 7:05 PM.

Muhurat Trading: What Is It?

Investors and dealers engage in symbolic deals at this time in an effort to bring luck and success to the next fiscal year. It’s a special fusion of spirituality and economics since it supports the notion that trading at this lucky hour may bring prosperity and success.

A beloved custom in the Indian stock market, muhurat trading is seen as a good way to start the new fiscal year.

Experts say that it is lucky to make stock market investments on the day of Muhurat trading. Those who have been in the market for a while should invest on this day. He makes millions of rupees on a little investment in such a scenario. Investors begin trading on a special Muhurta on Diwali, wishing for a prosperous new fiscal year. According to experts, Muhurta commerce is inextricably linked to custom. On this day, the majority of individuals purchase shares. This investment is just symbolic and extremely tiny, however.