Muhurta Trading 2022: The stock markets (NSE and BSE) will open for one hour for Diwali Muhurta trading on October 24, 2022, a symbolic trading session organized by stock exchanges to mark the auspicious festival. The fifty-year-old tradition for Diwali 2022 for Equity, Equity F&O, Currency F&O, and Commodities is scheduled to be held between 6:15 pm and end after one hour at 7:15 pm. The pre-open session will begin at 6:00 pm and will end at 6:08 pm, the notice available on BSE, said NSE.
The matching timings in the Muhurta trading session will be from 6:08 PM to 6:15 PM. However, the trade modification in the call auction will end at 7:45 PM. All trades executed in the Indian stock market in the Diwali 2022 Muhurta trading session will result in settlement liability.
The Muhurta Trading Diwali 2022 session in the Commodity Derivatives segment will also start at 6:15 PM and end at 7:15 PM. However, trade modification will be available till 7:25 PM.
In currency derivatives segment also, Muhurta trading 2022 timings will be from 6:15 pm to 7:15 pm and trading modification in currency derivatives and IRDs will be possible till 7:25 pm. Trade modification in cross-currency derivatives will also be available till 7:25 PM. Trade cancellation requests can be made up to 7:30 PM.
In the Securities Lending and Borrowing Segment (SLB) segment, the Muhurta trading timings on Diwali 2022 will be from 6:15 PM to 7:15 PM.
In case of any query, trading members may contact BSE Helpdesk at 022-45720400/600 or through e-mail at bsehelp@bseindia.com.
The customary one-hour session of Muhurta trading is considered auspicious by many and marks the beginning of Samvat, which means the accounting year in Hinduism. The stock market remains closed for the rest of the day and only opens for an hour on occasion. Everything you need to know about Muhurta Trading 2022 is here.
What is Muhurta Trading?
As mentioned earlier, Muhurta trading is the traditional trading of stocks done for one hour during Diwali and is considered auspicious among many. As the years passed, Muhurta trading has become a tradition, mixed with colors of religion and culture, and is an interesting phenomenon. According to Hindu tradition, Diwali this year marks Samvat 2079 – the new financial year. Stock market traders do special share trading in just one hour, and hence it is called Muhurta trading. Muhurta Trading 2022 is scheduled to take place between 6:15 PM to 7:15 PM.
Importance of Muhurta Trading
Muhurta trading was first introduced by the Bombay Stock Exchange (BSE), when it reserved an hour on Diwali for stock trading in 1957. The National Stock Exchange (NSE) followed this step and allowed trading for one hour on Diwali in 1992. Since then, traders believe that any deal done during Muhurta trading brings fruitful results as well as prosperity. During this time, the trading community prays to the Hindu goddess of wealth, Lakshmi.
According to experts, investing money in the stock market on the day of Muhurta trading is considered auspicious. Especially the veteran investors of the market definitely invest on this day. In such a situation, he earns lakhs of rupees on small investment. Investors wish a good new financial year by starting trading on a special Muhurta on Diwali. Experts say that Muhurta trading is completely related to tradition. Most people buy shares on this day. However, this investment is very small and symbolic.
It is believed that investments made in Muhurta are auspicious. According to market experts, on the day of Muhurta trading, traders enter the market with the intention of investing. Followers of the tradition often place the first order of purchase. At the same time, if we look at the performance of the market during this period in the previous years, on most occasions the stock market has remained in the range on the Muhurta trading day. At the same time, the market is also showing a boom for some time.
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