Everything you need to know about Muhurat trading this Diwali

  • Posted By : reliancesmartmoney.com
  • Wednesday Oct 24, 2018

Diwali is one of the most fun festivals in the year. Everyone in the family comes together;you wear new clothes, eat a lot of good food and burst crackers until late into the night. People also perform the Lakshmi Puja on this day so that the Goddess of Wealth blesses the family with prosperity and happiness. And for stock market enthusiasts, there is another special activity: Muhurat Trading.

What is Muhurat Trading?

Muhurat (or its derivatives) means ‘auspicious time’. It is a good time for a ceremony to take place or an enterprise to begin. This word has a special significance in the stock market. Muhurat trading (also known as Mahurat trading) is a  trading activity where people trade in the stock market during a specific ‘Muhurat’ on Diwali. This is generally a one-hour session held during the evening time. Stock exchanges notify investors beforehand about the timing of the trading hour.

This ritual has been followed by investors, stock brokers and market enthusiasts in the country for many years. Every year on Diwali, investors all over the country participate in the Muhurat trading session which is held for an hour or so.

Is it important to trade on Diwali?

The Muhurat trading session has a religious and sentimental value to many people. However, it is entirely your choice whether you wish to trade during the Muhurat trading session on Diwali. Many people buy shares of companies that they want to hold for long-term during this session. If you haven’t started investing yet, this is perhaps a good time to kick-start your journey in the stock market. 

How to do Muhurat Trading online

It is very easy to conduct a Muhurat trade these days. All you need is to open a demat account to conduct your Muhurat trades. You can open a demat account with reliancesmartmoney.com and begin investing in no time. Here, you get to execute trades quickly and seamlessly right from the comfort of your own home. Besides, the trading platform offers you Robot Assist insights, aggregated news, real-time quotes and instant updates so you can make the best investment decisions at all times.

Conclusion

Muhurat trading is a great way to start your investments with a bang. It is an exciting time for investors as well as traders in the market. However, it is important that you don’t get carried away by the expectations on the day. Make sure you pick stocks based on sound financial analysis instead of market sentiments. Invest smartly with reliancesmartmoney.com and enjoy your Diwali celebrations.

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