stock market A special 1 hour trading session is organized on the day of Diwali. This is known as Muhurat trade. In the auspicious time of Diwali, many investors buy and sell stocks during muhurat operations. This year, both the BSE and NSE will hold a 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 closed in the green in 13 hours of trading.
Muhurta Trade History
In recent years, Muhurat Trading Day has seen a steady rise. The rates are expected to rise about one percent in 2022, 0.5 percent in 2021, 0.47 percent in 2020 and 0.37 percent in 2019, up from 0.7 percent in 2018. While slight drops were observed in 2017 (-0.6 percent), 2016 (-0.04 percent) and 2012 (-0.3 percent). Muhurta’s most notable trading session occurred on October 28, 2008, during the global financial crisis, when the index rose nearly 6 percent, the largest gain ever recorded in that session.
Tips for investing carefully
This time, stock market experts recommend being careful while trading Muhurta. Given the limited liquidity on Muhurat trading days, investors are advised to make token investments rather than large trades. This year, Samvat 2081 begins with major global economic changes. Samvat 2081 is a crucial year for the global economy as it begins amid a global cycle of rate cuts.
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