Muhurat trading News
The 50-issue Nifty of the NSE spurted 150.10 points, or 0.62 per cent, to 24,355.45 with 47 of its constituents ending in the green.
Muhurat Trading for the new Samvat 2081 will take place between 6am and 7am today.
During the Muhurat trading session, normal trading takes place in all segments of the market and one can trade in derivatives along with equity.
Both the BSE and NSE are gearing up for a one-hour trading session, famously known as the 'muhurat' trading session today, on November 12.
The significance of Muhurat trading is more symbolic and traditional than a serious trading session. It's considered auspicious to start something new on Diwali, including trading in the stock market. People believe that conducting trades during this time can bring prosperity and good luck for the coming year.
In December, there's just one holiday to note, and that's on Christmas, which falls on December 25. So, the Indian equity market will be closed for a total of three days in October, including the weekend, as it was also closed on October 2 for Gandhi Jayanti.
Some of the most active stocks during the hour on BSE were Sasken which moved up about 15 per cent in the beginning, Borosil Renewables which surged about 5.23 per cent and Tejas Networks which rose about 5.8 per cent.
There is common belief that Muharat trading brings prosperity and wealth. It is to be noted that people of Dalal Street switch to a new accounting calendar on Diwali day.
Diwali remains a holiday for the stock markets
On Diwali, markets open for one hour for the special session
Today, the market will open at 6:15 pm and will close at 7:15 pm.
The special occasion marks the beginning of a new Samvat or Samvat 2078, according to Hindu Panchang (Calendar).
The Muhurat trading session will kickoff at 6:15 pm on Thursday, November 4.
The market will close at 7:15 pm.
'Muhurat Trading' is held every year on the occasion of Diwali. The stock market exchanges open for customary one-hour trading session on Diwali to conduct this session. The one-hour special Muhurat Trading session for Diwali 2021 will be executed between 6:15 PM and 7:15 PM.
Special Muhurat trading session held every year on Diwali day.
It is considered to be auspicious for stock market trading.
The trading during the special session will commence from 6.15 p.m. and end at 7.15 p.m.
The Indian benchmark indices closed at higher on the special trading session on the Muhurat Trading Day.
At close, the Sensex gained 194.98 points or 0.45% at 43637.98.
Nifty went ahead 50.60 points or 0.40% at 12770.60.
Indian stock markets remained closed on Diwali for normal trading.
But one-hour special Muhurat trading session is conducted on Diwali.
The Muhurat trading session is scheduled to start at 6:15 and it will end at 7:15.
BSE Sensex gained 192.14 points to close at 39,250.20 and the Nifty50 advanced 43.30 points to end at 11,627.20.
Muhurat trading on stock bourses will mark the beginning of Samvat 2076 at 6.15 pm on Sundy. During muhurat trading the stock exchanges in Indiaopen up for one-hour auspicious trading session.
Diwali brings with it the special Muhurat trading session of the Indian stock markets. The BSE Sensex and the NSE Nifty however registered minor losses in the Muhurat session on Thursday evening.
Gold eased by 0.25 percent to Rs 25,517 per ten grams in special Muhurat trading on the Multi Commodity Exchange Wednesday as participants booked profits to mark the start of Samvat 2072.
All the sectoral indices, led by realty, infrastructure, banking and capital goods, were trading in positive terrain with gains of up to 1.93 percent.
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