Diwali 2022: Know Timing Of Special Muhurat Trading Session
NDTV
It is customary for stock brokers to perform Lakshmi Puja at the exchange and then the Muhurat trading takes place.
Muhurat trading is a one-off activity which happens at the Indian stock market during Diwali. It is between 6:15 and 7:15 on the evening of Diwali.
It is one of the traditions which had maintained links of the trading community, which mostly used to be Gujarati community, with its rich past. Before this session starts, investors place token orders and buy stocks for their children, which are held for the long-term and sometimes never sold. During the Muhurat session, these traders normally book their intraday profits, however small they may be.
It is customary for stock brokers to perform Lakshmi Puja at the exchange and then the Muhurat trading takes place. It is believed that Goddess Lakshmi comes and resides at the place of puja which is why traders and shopkeepers stay awake with all decorative lights.
Stock brokers perform 'Lakshmi Puja' at the exchange and the customary Muhurat trading takes place. It is believed that on the night of Lakshmi Puja, the Goddess comes to reside at the place of the puja during which the traders and shopkeepers stay awake with lights burning all night.
