Diwali Muhurat Trading: Special Session Details for Indian Stock Market
This year, Diwali Muhurat trading starts at 6 PM on the National Stock Exchange and Bombay Stock Exchange.
This year, the hour-long session starts at 6 PM.
The Indian share market will open for a special Diwali trading session this evening.
This session is called Muhurat trading. It marks the beginning of the Hindu calendar year, Samvat 2081.
This unique ritual is considered auspicious for investing. It is exclusive to the Indian stock market.
This year, the hour-long session starts at 6 PM. It will take place on the National Stock Exchange and the Bombay Stock Exchange.
A pre-opening period will run from 5:45 PM to 6 PM. The market will be closed on Friday from 9:15 AM to 3:30 PM.
It will also have its usual weekend holidays.Muhurat trading is seen as a good opportunity for long-term investors.
It is especially favorable for large-cap stocks. Despite a challenging October, the market is expected to be bullish. This is due to the festive spirit.
The Sensex, which tracks the top 30 BSE stocks, recently closed below 80,000 points. It had previously peaked above 85,000.
Stocks to Watch:
MCX: New MD and CEO Praveena Rai took charge on Thursday.
Reliance: The stock is in the spotlight. This follows EU approval for its joint venture with Walt Disney Co. for Jio’s entertainment business. Bonus shares will also start trading today.
Narayana Hrudayalaya and Tata Investment Corp: Their second-quarter earnings may influence market sentiment.
Bonanda Engineering's September quarter results could also impact the market.
