Waiting for muhurat trade? Know why it is significant

Muhurat trading significance: A One-hour trading at Indian markets during Diwali, ted as Muhurat trading, has been a long-term tradition, a ritual blending culture and world of trade. occasion is significant for trader-investor community, which looks forward to time-houred ritual. roots of Muhurat trading go back to early 1900s at a time when informal exchanges existed. idea was to start auspicious ventures during a special time for financial renewal.

session is conducted during ‘Lakshmi Puja’ and coincides with Diwali celebrations. It holds special significance for brokers and traders who open new accounts, invest in shares, and offer prosperity prayers during hour. In 1950s and 60s, Bombay Stock Exchange and n National Stock Exchange formalised concept of muhurat trading in India as a much-celebrated session. Muhurat trading today is a fixed event on financial calendar with both benchmarks aligning with Laxmi puja timing to conduct trading. Participants typically see muhurat trading as first transactions of financial year.

event is marked by lower volume trade, stocks typically witness a small rally. Typically, investors look at muhurat trading as an occasion to invest in fundamentally strong stocks with view of making long-term investments.

Muhurat trading is accessible on all digital trading platforms. On vember 1, Muhurat trading will be held between 6:00pm to 7:00pm. To mark occasion, online trading platform, Zerodha has anunced that y would reverse all broker charges for muhurat trade on intraday, F&O and commodity trades. Despite general excitement about muhurat trade, experts have opined caution, suggesting people should pick stocks that have been traditionally offering good performance.