This year Diwali is on Monday, October 20, but the stock market will celebrate it the next day, Tuesday, October 21. There will be normal trading in the stock market on October 20, while there will be Muhurta trading for one hour on October 21. However, this time there will be a big change in the Muhurat trading timings. Muhurat trading, which usually happens in the evening on BSE and NSE, will now happen in the afternoon. This time the Muhurta trading session will last for one hour, from 1:45 pm to 2:45 pm. Additionally, there will also be a pre-open session from 1:30 pm to 1:45 pm so that traders can prepare for trading.
Note that the stock market will trade normally on October 20. The next day, October 21, the market will be open only for Muhurat trading. The next day, October 22, the business will remain closed on the occasion of Diwali Bali Pratipada. After this, normal trading will start in the stock market on 23 October.
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According to market experts, this time the reason for change in Muhurat trading time in the stock market is the end of Kartik Amavasya date. Diwali is celebrated on Kartik Amavasya and this time Kartik Amavasya will start at 3:44 pm on 20th October and end at 5:54 pm on 21st October. Therefore, the new Muhurat trading time is based on this date.
Some market experts say the shift of muhurat trading to afternoon is a result of a long-standing demand and an effort to streamline operations. The brokerage industry is trying to convince exchanges, clearing corporations and depositories to consider shifting the timing of this session to afternoon. In a letter to the exchanges and clearing corporations, brokers have demanded that the Diwali special session be shifted to the afternoon or compliance requirements be relaxed after trading for muhurat trading.
This will not be the first time that Muhurat trading will happen before evening
This is not the first time that muhurat trading is taking place before the evening; This also happened 13 years ago, in 2012. At that time, the Muhurat trading session was scheduled between 3:45 pm to 5:00 pm. This was also due to auspicious timing.
Markets are often in the green on auspicious occasions
The one-hour Muhurat trading period allows investors to trade in equities, derivatives, currencies and SLBs (Securities Lending and Borrowing). Markets often close with gains on this day. In the last 16 years, both the domestic equity benchmark indices, Sensex and Nifty, have closed higher 13 times during this particular session. Last year, in 2024, during the Diwali Muhurta trading session, Sensex closed 335.06 points higher at 79,724.12 and Nifty closed 99 points higher at 24,304.35. Investors see this special session as an opportunity to bring prosperity and success to their portfolio.
