Muhurat Trading happens to be an auspicious occasion for the stock market, when trading happens for an hour on Diwali. The trading is a symbolic one and has been going on as a traditional ritual. For many decades, Indian traders have taken part in Muhurat Trading for ages. Diwali marks the beginning of the Hindu New Year as all Hindu religious festivals take place as per the Vikram Samvat calendar. Muhurat Trading is believed to bring wealth and prosperity all over the year. The stock market, which remains closed otherwise, opens in the evening for the said trading. In 2021, the Block Deal Session will start on the Bombay Stock Exchange (BSE) at 5:45 PM. Pre-Open Market will take place between 6 PM - 6:08 PM. The equity market will remain open for one hour, i.e. between 6:15 PM and - 7:15 PM. Ahead of the Muhurat trading, Lakshmi Poojan will take place from 4.45 onwards and following that felicitation of vaccination warriors will begin at 5.30 pm. The opening bell ringing ceremony or Muhurat Trading will begin from 6.15 onwards. The trading community has followed the stock trading on this day as part of an old symbolic ritual for more than half a century now. They consider it a good omen to do token trading on this day to propitiate Goddess Lakshmi, the Indian goddess of wealth and pro More
Samvat 2081: Moneycontrol Muhurat Trading Special with D-Street veterans Samvat 2081 was great for stock markets with frontline indices climbing record highs. Can the ascend continue in the coming year too. What to expect, top risks on the horizon and how to position your portfolios
Celebrated annually on Diwali, Muhurat trading is an hour-long session that marks the auspicious beginning of the Hindu financial year, or Samvat. Market participants, from retail investors to seasoned institutions, believe that trades made during Muhurat bring blessings of financial success.
The founder and chief investment officer at Marchellus Investment Managers, Saurabh Mukherjea spoke about the unfolding slowdown, picking winners in such an environment, when a reversal can be expected and the biggest risks to the market meanwhile.
Join us as we explore the fascinating world of Muhurat Trading—a unique Diwali tradition in the Indian stock market! This special one-hour session isn’t just about profits; it symbolises prosperity, culture, and new beginnings for investors. Discover the key features, importance, and history of Muhurat Trading, happening on November 1, 2024. Don't forget to like, share, and subscribe to Moneycontrol for more insights into the financial world! Happy Diwali and happy Muhurat Trading
It's been a stellar year for Indian equities with benchmark Nifty 50 giving a 28% return since last Diwali. Domestic liquidity has seen a phenomenal rise, investment in equity mutual funds have been stellar and India remains the fastest growing economies in the world. What does Samvat 2081 hold for the market and where can one invest? Catch Nandita Khemka in conversation with Siddhartha Khemka, Head of Retail Research, Motilal Oswal.
In this Diwali special, Prashant Jain, CIO and founder, 3P Investment Managers discusses why defensive plays are the better bet, the new opportunities in consumption and why he sees opportunities for investing in the "high growth" pharma space.
India draws positive FII inflows in 2024, standing out amid outflows from other emerging markets as economic stability and growth potential boost its appeal.
Despite short term headwinds, the analysts believe superior growth prospects of India are likely to continue attracting foreign flows in the long run,
The NSE Nifty 50 index settled 0.42% lower at 19,443.55, while the S&P BSE Sensex fell 0.50% to 64,933.87.
Celebrate Diwali by investing in your future. Muhurat Trading is here, and ICICIdirect has got you covered with expert recommendations.
Our specially curated package of the most interesting articles to help you stay at the top of your game
In Moneycontrol’s Muhurat Roundtable, market veterans discussed why foreign investors left Indian shores and when they’ll be back
While the bourse will remain closed on October 24 for regular trading on account of Diwali and Laxmi pujan, they will remain open for an hour for mahurat trading, a symbolic and old ritual, that has been retained and observed for ages by the trading community
Nifty CPSE emerges on top, followed by Nifty FMCG
LIC is expected to come out with its IPO in the last quarter of FY22. The total fund-raising is unknown but reports peg it above Rs 70,000 crore.
The BSE Sensex jumped 37 percent (16,500 points), while Nifty50 index rose 40 percent (5,149 points) from the last Diwali.
Being mindful of your investments coupled with patience and discipline can not only help you brighten up your finance but also augment your riches.
Domestic large-cap companies will continue to accelerate their footprint with inorganic acquisitions going ahead.
On the Diwali Laxmi Pujan day, investors turned richer by Rs 1.93 lakh crore as the BSE market capitalisation increased to Rs 265 lakh crore on Thursday, up from Rs 263.07 lakh crore in previous session.
Consolidated revenue from operations at Rs 4,159 crore increased by 37.4 percent compared to Rs 3,027.73 crore revenue in the corresponding period last fiscal.
Orders of similar capacity are anticipated in coming months as businesses continue to recover rapidly, stated the company.
With this acquisition, TCPL said it entered into the high potential rigid boxes segment focused on one of the fastest growing smartphone markets in the world.
Ulfex said it posted consolidated EBITDA (earnings before interest, tax, depreciation and amortisation) dropped 10.2 percent YoY to Rs 424.5 crore for the September 2021 quarter.
WHV-EAM International Small Cap Equity Fund picked six-tenth of a percent stake in Minda Corporation.
NACL Industries had earlier signed a contract manufacturing agreement with UPL for the purpose of contract manufacturing of three intermediate products at company's Srikakulam technical plant.