Diwali Muhurat Trading 2023: The session will happen on Sunday, November 12. (Representative picture)
While Muhurat buying and selling is symbolic and doesn’t considerably impression total market developments, the sentiment throughout this session is usually constructive.
Muhurat Trading 2023: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are scheduled to open for a one-hour buying and selling session on Sunday, November 12, in celebration of the Diwali Muhurat buying and selling session. This symbolic occasion, noticed by each inventory exchanges, commemorates the auspicious competition of lights in India. Muhurat buying and selling happens within the night and usually lasts for about one hour. The particular timing is introduced by the inventory exchanges upfront.
The Muhurat buying and selling session additionally marks the start of a brand new Hindu calendar yr, also called Samvat. It is taken into account auspicious for inventory market buyers and marks a contemporary begin for them.
What Is Diwali Muhurat Trading?
Muhurat buying and selling is a particular one-hour buying and selling session performed on the day of Diwali. It is taken into account an auspicious event to start out new ventures and is believed to convey luck. Muhurat buying and selling is a symbolic buying and selling session and has no impression on the common buying and selling hours of the inventory markets.
Significance of Muhurat Trading
While Muhurat buying and selling is symbolic and doesn’t considerably impression total market developments, the sentiment throughout this session is usually constructive. Traders could also be extra inclined to make token purchases or gross sales as a gesture to take part within the custom.
Muhurat Trading 2023 Time and Date
The Muhurat buying and selling session for 2023 will happen on Sunday, November 12, 2023, from 6:00 PM to 7:15 PM Indian Standard Time.
Here Are The Key Details About Muhurat Trading 2023:
- Date: Sunday, November 12, 2023
- Time: 6:00 PM to 7:15 PM IST
- Duration: 1 hour and quarter-hour
- Segments: Equity, commodity derivatives, foreign money derivatives, fairness futures & choices, and securities lending & borrowing (SLB)
There will even be a block deal window that can open at 5:45 PM and commerce modification will likely be permitted till 7:25 PM. The closing session will happen from 7:25 PM to 7:35 PM.
