1. Auspicious beginnings: Muhurat trading marks the commencement of the new year according to the Hindu calendar. It is believed that initiating any significant activity, including financial transactions, during this period brings good luck and prosperity for the upcoming year.
Therefore, many investors and traders consider it a highly auspicious time to start or adjust their investment portfolios. 2. Spiritual and cultural significance: Muhurat trading uniquely combines spirituality and finance.
It resonates with India's rich cultural heritage, where the festival of Diwali symbolises the victory of light over darkness and good over evil. The belief in auspicious timings is deeply ingrained in Indian culture and conducting stock trading during muhurat is seen as aligning one's financial activities with these positive energies. 3. Market sentiment and tradition: The tradition of muhurat trading has been followed for decades, and it has become an integral part of the Indian financial markets.
It reflects a sense of continuity and tradition that is respected and upheld by market participants. Many investors participate in this session out of respect for this age-old practice, contributing to the overall positive market sentiment. 4. Market volatility: Muhurat trading is renowned for its volatility.
During this brief one-hour session, market movements can be more pronounced due to limited trading time and potentially higher trading volumes. This can present both opportunities and challenges for traders. The increased volatility can be a chance to make significant gains, but it also comes with a higher risk of loss.
As such, traders need to be well prepared and have a clear strategy in place. 5. Symbolic trades: While muhurat
. Read more on livemint.com