stock market A special trading session of 1 hour is organized on the day of Diwali. This is known as Muhurat Trading. On the auspicious time of Diwali, many investors buy and sell shares during muhurat trading. This year, both BSE and NSE will hold muhurat trading session on Friday, November 1 from 6:00 pm to 7:00 pm. Let us tell you that historically, the market has been bullish most of the time during Muhurta trading sessions. If we look at the trend of the last 16 years, Sensex and Nifty have closed in the green in 13 Muhurta trading hours.
History of Muhurat Trading
Over the past few years, Muhurat Trading Day has seen a steady rise. The indices are projected to rise by about one percent in 2022, 0.5 percent in 2021, 0.47 percent in 2020 and 0.37 percent in 2019, compared to 0.7 percent in 2018. Whereas, slight declines were seen in 2017 (-0.6 percent), 2016 (-0.04 percent), and 2012 (-0.3 percent). The most notable Muhurta trading session occurred on October 28, 2008, during the global financial crisis, when the index rose nearly 6 percent, the highest ever gain for that session.
Advice to invest carefully
This time share market experts are advising to be careful during Muhurta trading. Given the limited liquidity on Muhurat trading days, investors are being advised to make token investments instead of large trades. This year, Samvat 2081 begins with major global economic changes. Samvat 2081 is a crucial year for the global economy, starting in the midst of a global rate-cutting cycle.
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