Diwali Muhurat Trading 2023 today: The BSE and NSE will be open for an hour today, November 12, even though it’s a Sunday, for the Diwali Mahurat trade.
As per circulars from both exchanges, the symbolic trading session, which includes a 15-minute pre-market session, will be open from 6 pm to 7:15 pm today.
What is Mahurat Trading?
Mahurat trading is like a special hour-long trading session that opens on Diwali every year in India. This day is seen as a lucky time to invest in stocks.
Market experts say a lot of people are likely to be interested and take part because Diwali is considered the “perfect time to start anything new.” Investors are believed to gain benefits throughout the year from trading during this session.
The idea is that trading during this auspicious hour brings prosperity and financial growth. So, even though regular trading is closed on Diwali, this one-hour window is opened.
Any trades made during the Mahurat session are settled on the same day, during the 15-minute pre-opening and closing sessions.
Last year, the BSE and NSE were open for Mahurat trading from 6:15 pm to 7:15 pm on October 24.
Diwali Mahurat Trading – Date and timings
The Muhurat trading will happen today, November 12, between 6-7:15 pm, according to circulars from both the BSE and NSE. This includes a pre-market session from 6-6:08 pm, as mentioned in separate circulars from the stock exchanges.
In addition, the block deal window will open at 5:45 pm. For the commodity and currency derivative segment, the muhurat trading session is scheduled from 6:15-7:15 pm.
It’s important to note that trade modifications will be accepted until 7:25 pm to allow for any necessary changes.
Mahurat trading – what can you invest in?
Trading windows will be open across different market segments. This means you can invest in equity, commodity derivatives, currency derivatives, equity futures & options, and securities lending & borrowing (SLB) during the same time.
It’s worth noting that the markets closed in the green during Muhurat trading sessions in 2022 and 2021. The Sensex and Nifty each gained 0.88 percent during last year’s session and 0.49 percent in 2021.
Market movements are expected to be a bit unpredictable during today’s session.
Muhurat trading – Strategy
“Out of the past ten Muhurat trading sessions, seven concluded with positive returns, emphasizing the auspicious nature of the occasion for market participants,” said Harjeet Singh Arora, Managing Director at Mastertrust.
Outlook & more: Samvat 2080
The year Samvat 2080 holds special importance in the Indian stock market as it marks the beginning of a new Hindu year, known as Vikram Samvat, offering a fresh start for investors.
The Vikram Samvat calendar, which is a lunar calendar, usually starts anew with the celebration of Diwali. So, Samvat 2080 began around Diwali time in 2023 according to the Gregorian calendar.
This year, Samvat 2080 began on November 12, and there is much anticipation among investors. It’s crucial to know all the details about muhurat trading.
Given the growing positive factors supporting the market, it is expected that the current bullish momentum will continue into Vikram Samvat 2080, as per Arora.
For long-term investment gains, Arora suggests investing in equity. The equity market has the potential to deliver significant returns. He advises diversifying investments based on your risk tolerance and the investment plan you’ve created for achieving both short and long-term financial goals.