Muhurat Trading 2022 timing and its relevance

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Diwali Muhurat Trading


Muhurat is a Hindi word and it means an auspicious time. For starting any big and good thing in ones life we often say to see when is the muhurat for that act. So far as stock market is concerned, Muhurat Trading is an auspicious stock market trading for an hour in Diwali (Deepawali) festival.  

It's a symbolic and old ritual that has been practised and observed by the trading community since long. As per Hindu calendar, Diwali is marked as the starting of new year and it is a believe that trading in this day is auspicious and can bring wealth and prosperity to the trader. 

Muhurat Trading Timing for 24.10.2022

Today is Diwali (Deepawali) and generally the stock market remains closed. However, as already discussed above that today is also a day for Muhurat Trading and therefore stock market is opened for that purpose only for a limited period of 1 hour in the evening time. NSC (National Stock Exchange) has declared the Muhurat Trading hour 6:15 PM to 7:15 PM (For further details NSC website be also checked). 





What kind of stocks should be bought

Generally in Muhurat trading the liquidity in stock market remains low. Therefore its not advisable to do trading with big volumes and that too by taking leverage. Since it is considered to be a beginning of the calendar it's advisable to go for only good quality stocks which one can even hold for a longer period. 


Unmindful trading activity should be avoided. As already stated that since the volume generally remains low and the trading window is only for an hour so one may find it difficult to exit from the position resulting into compulsory delivery and even penalty. 

I think it's a good time to buy some good fundamentally strong company stocks which are growth oriented and also deliver some dividend. And if you want to play even safe then always better to go for index fund. 

Thanks for reading the article and wish you all a very Happy and Prosperous Diwali. 








[Disclaimer: The aforesaid views and experience are personal to the author and should not be taken as any professional advice. Nor it should be taken as any recommendation. The author is not a SEBI registered advisor. Further the author shall not be liable for any errors or omissions in the information and viewers are advised to check the same from concerned official sites or offices. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company or individual. We always respect the dignity and feelings of any religion, ethnic, individual, groups, company etc.]          


 

Comments

  1. AnonymousOctober 24, 2022 at 12:43 PM

    For the past 3 years I was only adding penny stocks in my portfolio based on stock tips. But after going through your article I have realised that for wealth creation good quality stocks are required. Today I will definitely add fundamentally strong stocks in my portfolio. Thank you. Wish you a very happy and prosperous deepawali 🙏

    ReplyDelete
    Replies
    1. Abhishek PrasadOctober 24, 2022 at 6:04 PM

      Wish you all the best in your investing and trading journey

      Delete
    2. AnonymousOctober 24, 2022 at 8:28 PM

      Penny stocks are more like a gamble. 😆

      Delete
  2. AnonymousOctober 24, 2022 at 8:27 PM

    Nice information in a short article.

    ReplyDelete

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