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Indian Share Market Opens In Evening Only Once A Year. Here's Why

Indian Share Market Opens In Evening Only Once A Year. Here's Why

NDTV
Friday, November 01, 2024 05:11:46 AM UTC

Muhurat trading is a ritual followed by Indian stock traders that is considered auspicious for investing in shares.

The Indian share market will open for an hour this evening for a special trading session on Diwali. Muhurat trading session, as it is called, is an annual ritual in the Indian share market that marks the beginning of the Hindu calendar known as Samvat.

Vikram Samvat is a lunisolar calendar that runs 57 years ahead of the Gregorian calendar. This Diwali marks the beginning of Samvat 2081.

In Hindu tradition, the word 'Muhurat' means an auspicious time. Muhurat trading is a ritual followed by Indian stock traders that is considered auspicious for investing in shares. It is unique only to the Indian share market.

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