Muhurat trading is a special stock trading session that takes place on Diwali, the festival of lights, in India. It is considered an auspicious time to start trading.
What is Muhurat Trading ?
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) allow trade on Diwali for a restricted period of time.
When is Muhurat Trading 2023?
This year the Muhurat Trading is on 12th November, 2023 on the same day as Diwali. Every year, the stock exchange sets the timing for Muhurat trading.
Pre-Open Market Session
The stock exchange establishes the equilibrium price during the pre-open session, which lasts for around eight minutes. For this year, it is from-6:00-6:15 pm.
The Muhurat Trading Session
The hour-long regular market session is when the majority of trading occurs. For this year, it is from-6:15-7:15 pm
The Market Closing Session
Traders and investors can place a market order at the closing price during the closing session. For this year, it is from 7:30-7:38 p.m.