In the stock market, where numbers play an essential role, Muhurat Trading includes a bit of luck, traditions, and good vibes. This day is significant for both professionals and beginners because it signals the beginning of the Hindu New Year and aligns with the festival of Diwali. Muhurat Trading 2024 is more than a trading session about simply making profits or losses — it is the hope of wealth coming through new endeavors and new beginnings prospering in the forthcoming year.
Although the time might appear as a simple one-hour session, it has deep roots related to Indian culture and spirituality. The word “Muhurat” means an auspicious time. What makes this time unique is the beginning of the Hindu calendar and the intersection of financial markets with religious beliefs.
While the Muhurat Trading 2024 session has traditional importance, it is also an opportunity for traders to grow their portfolios. Here are some strategies that investors can consider:
Muhurat Trading 2024 will take place for about an hour, unlike typical stock market sessions. The uniqueness of this session is also reflected in the attached cultural and deep-rooted emotional factors. Generally, the investors, or most of the retail participants for that matter, consider that embarking upon such investments at this particular time will allow them to make a fortune for the rest of the year.
It is, in fact, a day in which families actively engage in trading practices within the stock market, which is rare on ordinary trading days. It is also on such occasions that children and younger generations are brought into the market, thus making it not only a financial event but a family and educational one as well.
Muhurat Trading is a short trading session. In this, the market opens for one hour and allows the traders to trade.
No, anyone can participate in this session and trade or invest, irrespective of your trading size. You can also trade on any platform such as NSE or BSE as both are open on that day.
No, it is no different from regular trading sessions. The only difference is that it happens on the special day of Diwali and the market opens for a shorter period. As the session is of a shorter duration, try avoiding overtrading.
There is nothing different about this year’s Muhurat trading. The timings for this year are from 6.15 pm to 7.15 pm in the evening and the session pre-opens at 6 pm for 8 minutes i.e. 6.08 pm.
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