Samvat 2080: Date, timing and significance; all you need to know
Samvat 2080 started around the time of Diwali in 2023 in the Gregorian calendar. This year, Samvat 2080 commenced on November 12 and there is a lot of anticipation among investors, and it is important to know all the details about muhurat trading.
Muhurat trading, also known as auspicious trading.
It is a one-hour trading session that occurs on the day of Diwali, in the Indian stock market. It is considered an auspicious time to invest in stocks, and many traders believe that it can bring wealth and prosperity. On the occasion of Diwali, the National Stock Exchange (NSE) has announced that the stock market will be open from 6:00 pm to 7:15 pm for muhurat trading on November 12, 2023.
This includes an 8-minute window for the pre-open session between 6 pm and 6:08 pm. Additionally, the block deal window will open at 5:45 pm. In the commodity and currency derivative segment, the muhurat trading session will take place from 6:15 pm to 7:15 pm.
However, trade modification will be available until 7:25 pm to accommodate any changes. Muhurat Trading 2023 holds immense significance for investors and traders in India, as it marks an auspicious occasion to commence new ventures and invite prosperity into their financial endeavours. This unique blend of tradition and finance aligns with the belief that conducting trades during this specific time, known as a "Muhurat," can bring wealth and success.
During the past two muhurat trading sessions, the stock market has closed with positive gains. In 2022, both the Sensex and Nifty indices rose by 0.88% during the one-hour trading session, while in 2021 they each gained 0.49%. Do your research: Before participating in muhurat trading, thoroughly research the stocks or sectors you plan to
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