What is Muhrut trading and when it is happening?

Muhurat trading: As the festival of lights, Diwali is here, stock market investors across India are preparing for the much-anticipated Muhurat trading session, scheduled for Friday, November 1. This special trading window signifies the beginning of Samvat 2081 and provides traders with an auspicious opportunity to launch their financial year with optimism and hope.Held during the evening of Lakshmi Puja, the Muhurat trading session embodies a long-standing tradition where investors seek the blessings of Goddess Lakshmi for prosperity and success in the coming year. The National Stock Exchange ( NSE ) has outlined the trading schedule as follows:Pre-Open: 17:45 - 18:00Normal Market: 18:00 - 19:00Block Deal Session: 17:30 - 17:45Special Pre-Open (for IPOs and relisted securities): 17:45 - 18:30Normal Market Open for Special Pre-Open Session: 18:45 - 19:00Call Auction Illiquid Session: 18:05 - 18:50Closing Session: 19:10 - 19:20Trade Modification Cut-off Time: 18:00 - 19:30Despite facing challenges in October, including Foreign Institutional Investor (FII) outflows exceeding Rs 90,000 crore, the Diwali Muhurat session is seen as a potential turning point. The Nifty index, which recently peaked at 26,277, has experienced corrections, but traders remain cautiously optimistic.During this session, both retail investors and institutions typically engage in small but meaningful trades, fostering a positive market sentiment. Many make token investments, believing these actions will usher in financial gains for the year ahead. Historically characterised by lower trading volumes yet strong optimism, Muhurat trading serves as both a reflection of the past year and a hopeful beginning for the new financial year, reinforcing its significance in India’s financial culture.

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What is Muhrut trading and when it is happening?

Despite facing challenges in October, including Foreign Institutional Investor (FII) outflows exceeding Rs 90,000 crore.

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