muhurat trading 2024 – TheNewsHub https://thenewshub.in Fri, 01 Nov 2024 07:47:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 Diwali Muhurat trading 2024: Check timings for special stock market session on November 1 & Samvat 2081 outlook https://thenewshub.in/2024/11/01/diwali-muhurat-trading-2024-check-timings-for-special-stock-market-session-on-november-1-samvat-2081-outlook/ https://thenewshub.in/2024/11/01/diwali-muhurat-trading-2024-check-timings-for-special-stock-market-session-on-november-1-samvat-2081-outlook/?noamp=mobile#respond Fri, 01 Nov 2024 07:47:04 +0000 https://thenewshub.in/2024/11/01/diwali-muhurat-trading-2024-check-timings-for-special-stock-market-session-on-november-1-samvat-2081-outlook/

NSE and BSE will hold their Diwali Muhurat trading on Friday, November 1, 2024, from 6:00 PM to 7:00 PM. (AI image)

Diwali Muhurat Trading 2024 Timings: Stock exchanges in India are closed for regular trading on Friday, that is on November 1, 2024, following Diwali celebrations on Thursday, with a brief window open for Muhurat trading.
Indian markets have shown remarkable growth since the previous Diwali, with Nifty rising 25% and S&P BSE Sensex gaining 23% despite recent pullbacks from 2024 highs. The broader market indices have demonstrated even stronger performance, with BSE 500, BSE Midcap, and BSE Smallcap indices recording gains of 37%, 47%, and 47% respectively.

Muhurat Trading 2024: Timings

NSE and BSE will hold their Diwali Muhurat trading on Friday, November 1, 2024, from 6:00 PM to 7:00 PM, signaling the start of Samvat 2081. The pre-opening session is scheduled from 5:45 pm to 6:00 pm, while regular trading remains suspended for Diwali celebrations.
The one-hour special trading session aligns with traditional beliefs about favorable planetary positions for initiating new business ventures, conducted amid traditional Diwali decorations. Analysis shows the BSE Sensex has ended positively in 13 out of the past 17 special sessions.

Samvat 2081: Stock Market Outlook

October witnessed a significant decline with Nifty dropping 1,470 points (5.7%), influenced by disappointing Q2 earnings and valuation concerns. Key market influences for the upcoming period include US elections, state elections in Maharashtra, Jharkhand, and Delhi, plus the Union Budget in February.
SBI Securities advises that Samvat 2081 will favor selective stock picking. They recommend wealth preservation strategies for existing investors and suggest new investors should implement a systematic investment approach over 3-6 months to benefit in the latter half of Samvat 2081.
“We believe Samvat 2081 will be a bottoms-up stock pickers market. Investors should adopt trading/investment strategy so as to preserve the wealth created post Covid pandemic and temper down return expectations for the next 6-12 months. New investors should adopt a gradual and well spread-out capital deployment strategy for the next 3-6 months so as to reap benefits in the second half of Samvat 2081,” said SBI Securities in its note.



]]> https://thenewshub.in/2024/11/01/diwali-muhurat-trading-2024-check-timings-for-special-stock-market-session-on-november-1-samvat-2081-outlook/feed/ 0 Diwali Muhurat Trading 2024: Date, Timing, Significance and What You Should Know https://thenewshub.in/2024/10/21/diwali-muhurat-trading-2024-date-timing-significance-and-what-you-should-know/ https://thenewshub.in/2024/10/21/diwali-muhurat-trading-2024-date-timing-significance-and-what-you-should-know/?noamp=mobile#respond Mon, 21 Oct 2024 01:30:43 +0000 https://thenewshub.in/2024/10/21/diwali-muhurat-trading-2024-date-timing-significance-and-what-you-should-know/

Ready for Muhurat Trading 2024: Date, Time, and Know Why It Matters for Investors (Representative image/Reuters)

Muhurat Trading 2024 Date: The mood during Muhurat trading is generally upbeat

Muhurat Trading 2024 Date: Muhurat Trading is a special, symbolic stock market trading session in India that takes place on the occasion of Diwali, the festival of lights. The term “muhurat” refers to an auspicious time, and trading during this period is believed to bring prosperity and good fortune to traders and investors.

Muhurat Trading is not just about financial gains but about following tradition and beginning a prosperous new year in the stock market. It’s important to keep in mind that Muhurat Trading is a one-hour session, during which market movements can be volatile.

Key Features of Muhurat Trading, What Happens In Muhurat Trading?

  • Special Timing: It is usually held in the evening for about an hour on Diwali day, which marks the start of the new financial year in the Hindu calendar.
  • Auspicious Occasion: The session coincides with Lakshmi Puja, dedicated to the Hindu goddess of wealth, Lakshmi.
  • Participation of Traders and Brokers: Investors, both big and small, actively participate, including institutional investors and family-run trading accounts. Many traders place symbolic buy or sell orders.
  • Pre-defined Session: The stock exchanges in India (NSE and BSE) announce the exact time of the session in advance.

Muhurat Trading 2024 Date and Time

As of now, there has been no official announcement regarding the timing of Muhurat Trading. Both the BSE and NSE are expected to release the details soon. However, the date has been confirmed as November 1, 2024.

As per a few reports, this special one-hour trading session for Diwali is scheduled from 6:15 PM to 7:15 PM.

Importance of Muhurat Trading:

  • Symbolism of Prosperity: It is seen as a ritual to invite wealth and prosperity, marking the start of a new financial year for some traders.
  • Sentiment over Strategy: Many investors make purchases during Muhurat Trading as a symbolic gesture, driven more by tradition than by strategic investment motives.
  • Positive Market Sentiment: The mood during Muhurat trading is generally upbeat, with many investors expecting positive returns from stocks bought on this day.
  • Low Volatility, High Sentiment: Although trading volumes might be lower compared to normal sessions, the sentiment is generally optimistic, with many seeing the day as a good omen for the year ahead.

When Did Muhurat Trading Begin?

Muhurat Trading was officially recognised when the BSE introduced it in 1957. The NSE followed suit in 1992. Today, most brokers offer investors the opportunity to participate in this special trading session.

Namit Singh Sengar

Namit writes on personal finance, economy and brands. Currently contributing to News18.com as a Senior Sub Editor in the business vertical. Prior to t…Read More
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