What is Muhurta Trading?
Generally, on the day of Deepawali, the stock market is closed but in the evening hour, for a short period, the market remains open for trading activity.
This is popularly known as Muhurta trading. This time is considered auspicious for business purposes. Most of the Indian community worship Goddess of wealth, Maa Lakshmi on Deepawali. They also perform some puja (rituals) for account books. For some communities, Deepawali is the start of the new year and for Indian stock market investors, Deepawali is a kind of “Investing New year”
The time for muhurta trading is generally declared by the stock market exchanges notifying traders and investors of the non-scheduled trading hour.
Muhurta Trading Timing For Deepawali 2022:-
The Muhurta Trading time for Deepawali 2022 is scheduled to
24th October 2022
6:15 PM to 7:15 PM.