Diwali Muhurat Trading 2024: Date, Time, and What Investors Need to Know

Diwali Muhurat Trading 2024: Date, Time, and What Investors Need to Know

Diwali is not just a festival of lights but also a significant occasion for investors in the stock market. This year, Diwali falls on October 31, and the stock market will remain closed on November 1 for the celebrations. However, Muhurat Trading will take place on Diwali, allowing investors to engage in trading during this auspicious time. For those unfamiliar with Muhurat Trading, it is a special trading session conducted on the day of Diwali, where the stock market is open for a few hours for trading.

Muhurat Trading Schedule 2024

This year, the Muhurat Trading schedule is as follows:

  • Pre-Opening Session: 5:45 PM to 6:00 PM
  • Special Trading Session (Muhurat Trading): 6:00 PM to 7:00 PM
  • Block Deal Window: 5:30 PM to 5:45 PM
  • Periodic Call Auction Timing: 6:05 PM to 6:50 PM
  • Closing Session: 7:00 PM to 7:10 PM
  • Post Closing: 7:10 PM to 7:20 PM

Last Year’s Market Performance During Muhurat Trading

In 2023, investors experienced significant profits during the Muhurat Trading session. The market delivered one of its best performances in the last five years. On Diwali, November 12, the Sensex closed with a gain of 355 points (0.55%) at 65,259, while Nifty 50 saw an increase of 100 points (0.52%) closing at 19,525. Midcap and small-cap shares also performed well, with the BSE Midcap index rising by 0.67% and the Smallcap index by 1.14%. The total market value of BSE-listed companies surged to ₹322.5 lakh crore.

Significance of Muhurat Trading for Investors

Muhurat Trading is considered auspicious, and many investors view it as an opportunity to kick-start new investments. Given last year’s positive performance, investors are hopeful for good returns this year as well. However, it is essential to remember that stock market investments carry inherent risks. Therefore, investors should exercise caution and consult their financial advisors before making any investment decisions.

READ
Intel Q3 Surge: Better-Than-Expected Earnings and Optimistic Future Guidance

This Diwali, embrace the spirit of investment with the Muhurat Trading session and take advantage of this unique opportunity to trade in the stock market!

close