The special ‘Muhurat Trading’ session, held every year on the day of Diwali, Both the stock exchanges, Bombay stock Exchange (BSE) and National Stock Exchange (NSE), will conduct a special Muhurat Trading session on account of Diwali on October 19 this year.
The exchange said that the trade would begin at 6:30 pm, which will be preceded by a pre-opening session at 6:15 pm and the trade would last for one hour.
The market start and close timings for each market segment for the muhurat trading is specified below.
Trading on the Diwali day with token orders at a specific Muhurat time is believed to bring prosperity and wealth for the year ahead for traders.
Muhurat trading is the auspicious stock market trading for an hour on Diwali (Deepawali). It is a symbolic and old ritual, that has been retained and observed for ages, by the trading community. As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings n wealth and prosperity throughout the year.