The stock market will be closed for two days this week. The stock market will be closed for Diwali from November 4 to 5. According to BSE’s stock market holiday calendar, there will be no trading in the equity, derivatives and SLB segments on this day. However, Muhurat Trading will take place on November 4. Muhurat was traded on the day of Diwali. Even though the stock market is on holiday, there is only one hour of trading in the market for instant trading. Investors make their investments in this one hour.
The stock market will have a special 15-minute Muhurat Trading for one hour on Diwali 4 November 2021 at 6 pm. According to the exchange, the Diwali Moment trading will be a pre-open trading session from 6:00 pm to 6:08 pm. This will be followed by Muhurat Trading from 6.15 pm to 7.15 pm.
What is Muhurat Trading?
Diwali marks the beginning of the new year. This time Samvat 2077 will start with Diwali. According to Indian tradition, Diwali also marks the beginning of a new financial year in many parts of the country. At this auspicious time, stock market traders trade special stocks. This is why it is also called Muhurat Trading.
It is considered auspicious to invest in the stock market on the day of the moment. Especially rich people definitely invest in this day. In such a scenario, they earn millions of rupees on a small investment. Investors wish a happy new financial year by starting trading on the special occasion of Diwali. Experts say that the transaction of the moment is completely related to tradition.