DIWALI 2024 

ALL YOU NEED TO KNOW ABOUT MUHURAT TRADING 

Published By Moushumi Mahanta, Aiman Mateen | 31 Oct, 2024
Muhurat trading is a one-hour special session held by stock exchanges on Diwali, regarded as an auspicious time for investing and believed to bring prosperity for the year. This year, Muhurat trading will take place on November 1, 2024.
Here are 5 things you should know about Muhurat trading: 

Auspicious Timing

Muhurat trading is an hour-long session on Diwali, considered pious and auspicious for investing in shares. It is believed to bring prosperity to families throughout the year.

Trading Schedule

This year, Muhurat trading will take place on Friday, November 1, 2024. The session will run from 6 pm to 7 pm, with pre-open trade from 5.45 pm to 6 pm.

Market Participation

Both experienced and new traders can benefit from the high trading volumes and bullish market sentiment typical during this festive trading session.

Cultural Significance

Stockbrokers traditionally start their new year on Diwali. They perform rituals like Chopda Pujan, highlighting the cultural importance of investments during this time.

Volatility Awareness

Traders should be mindful of market volatility during the one-hour session and focus on resistance and support levels to make informed decisions.