Diwali Muhurat Trading 2022: Check Times, Important Details Here 🪔🪔🪔

Hoping Diwali brings wealth, health, and happiness to you. Have a happy and prosperous Diwali 🪔🪔🪔

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The one-hour Muhurat trading for Diwali 2022 on the BSE and NSE stock exchanges takes place on Monday 24th October 2022. According to the notification from BSE and NSE, trading in the equities and equity derivatives segment starts at 6:15 PM and ends after one hour at 7:15 PM. Meanwhile, the pre-opened session will start at 06:00 PM and last until 06:08.PM The special trading window opens after the Hindu Panchang, it marks the start of a new Samvat, the Hindu calendar year which begins on Diwali and trading in Muhurat is believed to bring prosperity and wealth throughout the year. The Muhurat trade is practiced to celebrate the beginning of the new Samvat. Then the traditional business world opens its books. According to Hindu astrology, Muhurat is a time considered auspicious to start something new or good. Muhurat trading is auspicious stock trading for one hour on Diwali (Deepawali) when Hindus in India worship goddess Laxmi for her blessings. The practice was taken up at the BSE in 1957 and at the NSE in 1992.Samvat 2079 is looking much brighter and more promising and the Indian economy stands at a sweet spot of growth and remains the land of stability against a backdrop of a volatile global economy. The relative outperformance of the Indian market is likely to continue into Samvat 2079 and would be led by favorable macroeconomic factors and better than historically performed Indian company fundamentals. Volatility could continue in Samvat 2079, albeit at a slower pace as it is near a peak in the rate hike cycle. Resuming growth on a global scale and particularly on the domestic front is needed to shake off the sluggish sentiment and get back on the path of a sustained uptrend in markets. Meanwhile, the Indian stock market will remain closed on Monday November 24, 2022 (only open for one hour for Muhurat trading) and Wednesday November 26, 2022 Diwali Laxmi Pujan and Diwali Balipratipada festivals respectively.