Diwali Muhurat Trading 2022: Today, Diwali, the festival of lights, is being celebrated across the country. On this special day, people worship Goddess Lakshmi and pray that wealth and prosperity remain at her home throughout the year. The festival of Diwali is also very auspicious for stock market investors.
Although the stock market remains closed on this day, but after Lakshmi Puja in the evening, Muhurat Trading takes place on Diwali for one hour. In an hour, investors invest a lot of money in the stock market and start their investment. If you also want to participate in Muhurat Trading on the auspicious occasion of Diwali, then we are giving you information about its complete schedule-
Muhurta trading is considered very auspicious
The tradition of Muhurat Trading (Diwali Muhurat Trading 2022) in the stock market is about 50 years old. According to Hinduism, the beginning of any investment from the day of Diwali is considered very auspicious. Investors invest less and invest more on the day of Muhurta trading. This year’s Muhurta trading is very special because this year Dhanteras is celebrated on Saturday and Sunday. In such a situation, investors cannot invest in the stock market on this day.
The stock market is expected to be very bright in an hour on the day of Diwali. Ganesh-Lakshmi is worshiped in the stock market before the start of Muhurta trading. The members of the stock exchange are involved in this puja. After this, Muhurta trading is started again. It is expected that the stock will cross 60,000 at the time of Muhurta trading.
Muhurta Trading Timings-
- Block Deal Session – Between 5.45 pm to 6.00 pm.
- Pre Opening Session – 6.00 to 6.08 pm.
- Normal Market – 6.15 pm to 7.15 pm.
- Call Auction Session – 6.20 pm to 7.05 pm.
- Closing session – 7.15 pm to 7.25 pm.
Huge volatility seen in the stock market in a year
Last year, Muhurta trading was organized on the day of Diwali on November 4, 2021. This day was very good for the stock market. On this day the Sensex had crossed the mark of 60 thousand. On the other hand, Nifty closed at 17,921. At the same time, in the last one year, there will be a lot of volatility in the stock market.
Due to inflation, Corona epidemic, Russia-Ukraine war, falling rupee prices and increase in crude oil prices, the stock market has continued to rise. On Friday, the Sensex closed at 59,307.15, up 104.25 points.