Diwali Muhurat Trading 2023: The session will take place on today in the evening between 6.15 pm and 7.15 pm. (Representative image)
Stock market experts recommend investors to avoid buying stocks on margin, keep a long-term perspective, and steer clear of investing in declining stocks
Samvat 2080 Muhurat Trading Today: Even though the stock market is closed today, November 12, on account of Diwali Balipratipada, a special muhurat trading session will take place in the evening to mark the beginning of the new Hindu calendar year Samvat 2080. The one-hour session will take place between 6:15 pm and 7:15 pm.
On the special stock market occasion, Kambatta Securities Director Sunil Shah enlists dos and don’ts for investors to keep in mind during the muhurat trading on Sunday.
1) Avoid purchasing stocks on margin, refrain from attempting to actively trade in the market
2) Maintain a focus on the long-term perspective when making investment choices.
3) Steer clear of attempting to invest in declining stocks (commonly known as ‘catching falling knives’).
4) Differentiate between the price and the actual value of stocks to make informed investment decisions.
5) Investors should not regard stocks as a source of immediate revenue; instead, consider them a means of creating assets.
Harjeet Singh Arora, Managing Director at Mastertrust, said, “Usually, we witness volatile trading sessions during muhurat trading. Hence, thorough research is very important before deploying any trade. Look for companies with strong fundamentals, positive earnings reports, and growth potential. Additionally, we can also find stocks based on technical studies for short-term trading opportunities.”
Investors are not recommended to concentrate all investments in one stock or sector, he said adding that over the past 10 muhurat trading sessions, seven instances concluded with positive returns.
For traders, Arora said, “Given the short duration of muhurat trading, liquidity is also a big factor. Especially for intraday traders, choose stocks with sufficient liquidity to ensure smooth execution of trades.”
Muhurat Trading 2023 Timings Today
leading stock exchanges BSE and NSE will host the one-hour special Muhurat Trading session on November 12 between 6 pm and 7.15 pm, which includes a 15-minute pre-market session.
The customary special session would mark the start of Samvat 2080 according to the Hindu calendar year.
The stock market will open for an hour for Diwali muhurat trading on November 12 at 6:15 pm and will end after one hour at 7:15 pm. However, the pre-open market session will take place between 6:00 pm and 6:08 pm on the BSE and NSE.
Matching timings on the muhurat trading session will be from 6:08 pm to 6:15 pm. Trade modification in the call auction will end at 7:40 PM. All trades executed at the Indian stock market in Diwali 2023 muhurat trading session shall result in a settlement obligation.
