Muhurat

Muhurat Trading 2024 Date: When Will BSE And NSE Trade On Diwali? Check Details

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Muhurat Trading 2024 Date

Muhurat Trading 2024 Date (Image Source: PTI)

Indian traders often perform a custom known as muhurat trading. On the day of Diwali, there is a one-hour window of time that is seen lucky for stock investments. Every year, the stock exchange sets the timing for Muhurat trading.

“Muhurat” refers to a fortunate moment. When the planets are in a favorable alignment to guarantee favorable outcomes, it is known as Muhurat in Hindu tradition.

Why is Muhurat trading important?

Beliefs hold that traders who engage in business during this hour are more likely to make money and enjoy prosperity all year long. This is usually in the evening of Diwali, and most individuals would rather purchase stocks in honor of Goddess Lakshmi during this time.

Date, Time for Muhurat trading 2024

There hasn’t been an official announcement on Muhurat Trading timing yet. A separate notification in this regard will be released by the BSE and NSE before to Diwali in 2024. According to the BSE website, “Muhurat Trading shall be held on November 01, 2024 (Diwali – Laxmi Pujan). Timings of Muhurat Trading shall be notified subsequently.” In past years, trading in the equity and equity derivatives segment usually starts at 6:15 PM and ends an hour later, at 7:15 PM. It should be noted by participants that fifteen minutes prior to the end of the session, all intraday positions will automatically be squared off. Those who are trading on the same day must carefully plan for this.

Stock Market Holiday In November

There will be two stock market holidays in November: Prakash Gurpurb Sri Guru Nanak Dev on Friday, November 15, 2024, and Diwali Laxmi Pujan on Friday, November 1, 2024.

Here is the full list of holidays for the calendar year 2024

Sr. No Date Day Description
1 22-Jan-2024 Monday Special Holiday
2 26-Jan-2024 Friday Republic Day
3 08-Mar-2024 Friday Mahashivratri
4 25-Mar-2024 Monday Holi
5 29-Mar-2024 Friday Good Friday
6 11-Apr-2024 Thursday Id-Ul-Fitr (Ramadan Eid)
7 17-Apr-2024 Wednesday Shri Ram Navmi
8 01-May-2024 Wednesday Maharashtra Day
9 20-May-2024 Monday General Parliamentary Elections
10 17-Jun-2024 Monday Bakri Id
11 17-Jul-2024 Wednesday Moharram
12 15-Aug-2024 Thursday Independence Day
13 02-Oct-2024 Wednesday Mahatma Gandhi Jayanti
14 01-Nov-2024 Friday Diwali Laxmi Pujan*
15 15-Nov-2024 Friday Prakash Gurpurb Sri Guru Nanak Dev
16 25-Dec-2024 Wednesday Christmas
Tags: Muhurat
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