Published By: Nibandh Vinod
Last Updated: November 12, 2023, 07:55 IST
DIWALI 2023: The Diwali Muhurat Trading sessions are known to prove profitable due to the auspicious timing, however, the trading window is limited to just one hour. Diwali Muhurat Trading 2023 Session for Samvat 2080 is slated for November 12. This special trading session has a lot of importance as it is said to be quite lucky in stock market investment. Moreover, it marks a new year according to the Hindu Calendar, making it even more significant.
DIWALI MUHURAT TRADING 2023 TIMINGS
- Stock Market Timings on November 12: 6:00 PM to 7:15 PM
- Pre-Open Session: 6:00 PM to 6:08 PM
- Block Deal Window: Opens at 5:45 PM
- Normal Market Session: 6:15 PM to 7:15 PM
- Trade Modification: Permitted until 7:25 PM
- Closing Session: 7:25 PM to 7:35 PM
- Block Deal Session: 5:45 PM to 6:00 PM
- Call Auction Illiquid Session: Between 6:20 PM and 7:05 PM.
Muhurat Trading: All You Need To Know
Stock exchanges are open for trading for only an hour during Diwali, generally in the evening. Within this short period, traders indulge themselves in symbolic trades to announce the arrival of the new year. What’s different about these trades is that they all settle on the same day. This is preceded and succeeded by a 15-minute pre-open and post-open phase.
This year, the Diwali Muhurat Trading Session will begin at 6 pm on November 12 and will conclude at 7:15 pm.
Investors eagerly join the Diwali Muhurat Trading Session and believe that doing so will make them wealthy for every year of the year thereafter. Stock traders typically begin new settlement accounts on Diwali as for this one hour, the stock markets are superactive even though regular trading is still closed.
Diwali Muhurat Trading Significance
Muhurat Trading is based on the concept of auspicious timing of trading stocks that is calculated using astrology. This is viewed by investors as a good platform to begin their investment journey and add new stocks to their portfolios as well as increase their holding in existing ones.
The stock markets were positive in the last two Muhurat sessions. In 2022, the Sensex and Nifty moved up at 0.88% each and so was also the case in 2021 where these indices rose by 0.49% each.
However, the Diwali Muhurat Trading period lasts only one hour, and it is important to note that the market movements can be very volatile during this period. Also, positive past results don’t assure future performance, therefore, it is advised to be cautious while trading during the special Diwali Muhurat Trading session.
Muhurat Trading FAQs
What is Diwali Muhurat Trading?
Diwali Muhurat Trading is a one-hour trading session that takes place on the day of Diwali. This year the session will begin at 6 PM IST and ends at 7:15 PM IST.
Why is Diwali Muhurat Trading important?
Diwali Muhurat Trading is considered to be a auspicious time to start new ventures or make investments. It is also a time for traders to celebrate the festival and wish each other good luck.
What are the rules of Diwali Muhurat Trading?
The rules of Diwali Muhurat Trading are similar to those of regular trading sessions. However, there are a few key differences:
- The session is shorter, lasting only one hour.
- The margin requirements are typically lower than for regular trading sessions.
- The trading volume is often higher than for regular trading sessions.
What are the benefits of Diwali Muhurat Trading?
There are several potential benefits to Diwali Muhurat Trading, including:
- The opportunity to make significant profits.
- The chance to participate in a festive and auspicious event.
- The potential to gain exposure to a new market.
What are the risks of Diwali Muhurat Trading?
As with any investment, there are also some risks associated with Diwali Muhurat Trading, including:
- The potential for losses.
- The need to do your research before trading.
- The importance of managing your risk.
Who should participate in Diwali Muhurat Trading?
Diwali Muhurat Trading is a good option for experienced traders who are looking to make significant profits. It is also a good option for traders who are new to the market and want to participate in a festive and auspicious event.
Here are some tips for participating in Diwali Muhurat Trading:
- Do your research before trading.
- Manage your risk.
- Be prepared for volatility.
- Don’t let emotions get the best of you.