Muhurat trading, which is a special Diwali trading session, will be conducted on Indian stock exchanges NSE and BSE on October 21 between 1:45 pm and 2:45 pm. Celebrated every year on Diwali, the hour-long session marks the beginning of the Hindu financial year, also known as Samvat.
Muhurat trading is believed to bestow wealth and prosperity. Traders see this as an auspicious day to begin new trades, aiming to secure the blessings from Goddess Lakshmi - the goddess of wealth, and Lord Ganesha - the remover of obstacles.
Beginning of new Samvat:
The session celebrates the beginning of Samvat 2082, the Hindu calendar year, which was first established by King Vikramaditya in 57 BCE. For traders, it is a fresh beginning on the auspicious night of Diwali, intended to set a positive tone fo