Hello everyone! Are you ready for the celebration of Diwali and the exciting Muhurat trading session in the stock market? Let’s learn what this special occasion is all about and how it impacts investors and traders.
What is Muhurat Trading?
Muhurat trading is a much awaited event in the Indian stock market where investors and traders conduct symbolic trades during an auspicious hour. It marks the beginning of the new financial year and the Hindu calendar, known as Samvat. People believe that trading during this time brings good luck and prosperity for the year ahead.
When and Where?
| BSE Block Deal Session: | 5:45 pm to 6:00 pm |
| BSE Pre-Open Session: | 6:00 pm to 6:15 pm |
| BSE Muhurat Trading Session: | 6:15 pm to 7:15 pm |
| BSE Call Auction Session: | 6:20 pm to 7:05 pm |
| BSE Closing Session: | 7:15 pm to 7:25 pm |
| BSE Muhurat Trading Duration: | 1 Hour |
This year, the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be open for Muhurat trading on Sunday, November 12. The market opens at 6 PM and continues until 7:15 PM, with additional trading modifications allowed until 7:25 PM.
Why is Muhurat Trading Special?
Many see Muhurat trading as a positive start to the financial year. It’s a blend of finance and spirituality, where people buy or sell stocks with the hope of bringing wealth and success.
Traditionally, it was believed that buying stocks during Muhurat brings good fortune. Today, it’s more about the auspiciousness of the day and the spirit of prosperity.
Who Benefits from Muhurat Trading?
Muhurat trading can be a good time for both experienced and new investors. It’s seen as a time of high trading volumes, creating an optimistic and bullish market. Those looking for auspicious moments to invest often find Muhurat trading appealing.
For new investors, it could be a good starting point. You can look into strong companies for long-term investments. However, if you’re new to trading, observing the market during this session before jumping in might be a wise move.
Experienced traders can take advantage of the market sentiment and make calculated moves during this one-hour window. It’s crucial to be watchful as volatility can be high.
Best Stocks List for This Diwali Muhurat Trading
As per analysts at Tradersingh.com, these 10 stocks have performed well over the years, making them appealing enough to consider for investment on this great event:
| S.NO. | NAME OF THE STOCK | SECTOR |
| 1 | Bajaj Finance Ltd. | Finance – NBFC |
| 2 | HDFC Bank Ltd. | Bank Private |
| 3 | Kotak Mahindra Bank Ltd. | Bank Private |
| 4 | Hindustan Unilever Ltd. | Household & Personal Products |
| 5 | Avenue Supermarts Ltd (DMart) | Retailing |
| 6 | Titan Company Ltd. | Diamond & Jewellery |
| 7 | Nestle India Ltd. | Consumer Food |
| 8 | Asian Paints Ltd. | Paints |
| 9 | Trent Limited | Retailing |
| 10 | Tata Consultancy Services Ltd. | IT Services & Consulting |
Tips to Keep in Mind:
- Stick to fundamental analysis before investing.
- Be mindful of settlement obligations for open positions.
- Keep an eye on support and resistance levels for better trading decisions.
- Avoid getting caught up in excitement and base investments on a solid plan.
- Understand that trading during this session doesn’t guarantee future returns.
In Conclusion:
Muhurat trading is a symbolic and festive event in the Indian stock market, blending tradition with financial activities. It’s a time when many hope for auspicious beginnings and fruitful investments for the year ahead.
Remember, whether you’re a seasoned trader or just starting out, being cautious, understanding the market, and making informed decisions are key to successful trading.
Wishing you a prosperous Muhurat trading and a very Happy Diwali!
Please note: These are general tips and observations. Always consult with a financial advisor or expert before making investment decisions.
