24 Oct 2014

Word on the Street - Muhurat Trading


Muhurat trading is the auspicious stock market trading for an hour on Diwali (Deepawali). It is a symbolic and old ritual, that has been retained and observed for ages, by the trading community.  As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings wealth and prosperity throughout the year.  The time of the muhurat trading is specified by the stock exchange.



Source - www.nseindia.com/products/content/muh_trading_web.htm

This Deepawali the Indian stock markets observed the customary Muhurat Trading session from 6:15 PM  to 7:15 PM. The 30-share Sensex ended up 64 points at 26,581 and the 50-share Nifty closed 19 points at 8,015.



Some very interesting facts on Muhurat Trading:
http://www.thehindubusinessline.com/opinion/columns/all-you-wanted-to-know-about-muhurat-trading/article6520137.ece


Know how the Markets performed during the recent Muhurat trading - 
http://www.thehindubusinessline.com/opinion/columns/all-you-wanted-to-know-about-muhurat-trading/article6520137.ece







No comments:

Post a Comment