Derivatives should be avoided by retail investors, be a long-term player: NSE's Ashish Chauhan on Muhurat trading

Total derivatives volumes at over $4.3 trillion per day are roughly 125 percent of the underlying companies’ market capitalisation.

"Muhurat Trading at the National Stock Exchange is a testament to our shared financial aspirations. Each trade made during this auspicious time promises growth and the spirit of unity among investors. NSE encourages investors to deal only with registered intermediaries and refrain from dealing in unregulated products," he said.

He further added, "The stock market is meant for long-term wealth creation. An unpleasant experience disheartens the affected investors to enter the stock market ever again. Trade in derivatives by retail investors should be avoided because of the high risk involved in derivatives. Be a long-term player."

Indian share market kicked off the Samvat year with a bang, with benchmark NSE Nifty 50 rising 110 points to 19,530 during Diwali Muhurat trading. BSE Sensex gained 370 points to 65,275. Bank Nifty was buoyant too, gaining 180 points to 44,000.

"This is the best way to participate in India's growth story. May the trades be favourable, the investments be fruitful, and the spirit of Diwali guide us toward abundance and financial success," Chauhan said.