Muhurat trading in the year 2023 will take place on Sunday, 12th November 2023.
Muhurat trading occurs when the exchanges open for one hour, on the occasion of Diwali.
The pre-opening session for muhurat trading starts at 6:00 PM and lasts for 15 minutes. This is followed by a continuous trading session that starts at 6:15 PM and ends at 7:15 PM.
Event |
Time |
|
6:00 PM – 6:08 PM IST |
|
6:15 PM – 7:15 PM IST |
|
7:30 PM – 7:38 PM IST |
|
7:40 PM IST |
|
*Please note that the exact timings for Muhurat Trading are usually announced by the stock exchanges a few days before Diwali. The above timings are just an example and may differ from year to year.
Muhurat trading is a traditional practice in India where the stock markets open for a short period on Diwali. The term “muhurat” is considered an auspicious time.
Muhurat trading began in the 1950s when the Bombay Stock Exchange (BSE) began the practice of opening the exchange for one hour on Diwali. Initially, it was to celebrate the festival and to bring traders and investors together on an auspicious note. Over time, the practice gained popularity, and other exchanges such as the National Stock Exchange (NSE) also began observing muhurat trading.
Muhurat trading is governed by the same rules and regulations as regular trading. The trading session is for one hour and is conducted in the evening on Diwali. During this time, the market opens for trading in equities, derivatives, and currency derivatives.
Please keep in Mind: However, commodities trading is not allowed during muhurat trading.
While muhurat trading is a token trading session, it promotes unity and camaraderie among market participants. It is still important for market participants to exercise caution while trading during this time.