Muhurat Trading signifies a very auspicious moment for all of the stock broking & traders community in India. For the traders in India, the new financial year begins with Deepawali.
For traders, Deepawali signify the beginning of new year. “A coin” – which signifies wealth in Indian Mythology, is placed on the account books before the puja is done.Stock brokers and traders perform ‘Lakshmi Puja’ at the exchange and the customary Muhurat trading takes place on specified time as declared by Exchanges.It is believed that on the night of Lakshmi Puja, the Goddess resides at the place of the puja being done.
Diwali is an auspicious day and the stock market remains closed on this day. As a Muhurat Trading Session (Mahurat Trading) BSE and NSE remain open for 60 minutes on Diwali evening. People do muhurat trades for the coming year. Its been happiness is flowing all over the stock market. People mainly do delivery trades on this day to have a good trading year ahead. As per Hindus Diwali is the festival on which they do Chopda Pujan and Muhurat Trading is done by them to give a good entry in the stock for the coming year. On Diwali Muhurat Trading Celebrities of India come to ring the bell in BSE and it becomes a tradition nowadays.
Diwali brings happiness to all and that is why people do muhurat trading to get a blessing from goddess Laxmi. Stockbrokers lit diyas at their offices and with new clothes and mithai (sweets) start the trading session in NSE and BSE. Its been tradition to do so and from the beginning, people are following the same.
If you are looking for Diwali Muhurat Trading Date in 2020? If you have a question about when is muhurat trading in 2020? this is the place where you find all the details regarding the same.
BSE Muhurat Trading Timing:
BSE Muhurat Trading is on Saturday, 14 November 2020 at 18:15 (Diwali – Laxmi Pujan).
NSE Muhurat Trading Timing:
NSE Muhurat Trading is on Saturday, 14 November 2020 at 18:15PM (Diwali – Laxmi Pujan).
What to do on Diwali Muhurat Trading?
Muhurat means “Auspicious Hour” and according to it do the trading of the stocks which are good for the long term. We suggest investors do Mahurat Trading in stocks with token purchase. Take a delivery of the stocks which are good for long term perspective. Lots of trading firms give call to buy and sell for the same. One can refer the same if they are new to the trading in the stock market. Do your proper stock analysis and trade in the stocks which are technically strong.