Deepawali 2024: Is Diwali Muhurat Trading on October 31 or November 1? Know the correct date & timing here
Diwali 2024 Trading Muhurat date & timing: Diwali, often called the Festival of Lights, is one of the most significant festivals in India. This year, Diwali 2024 is celebrated on October 31, although some places might observe it on November 1 because of local customs.?A key part of Diwali celebrations is the Diwali Muhurat Trading, a special trading session that allows investors to buy and sell stocks during this auspicious time. Many believe that trading during this hour brings prosperity and good luck for the year ahead.
What is Muhurat Trading?
Muhurat Trading is a special trading session held by Indian stock exchanges, including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), on Diwali. The word 'Muhurat' means an auspicious time when people believe trades conducted will bring positive results. This tradition is based on the idea that investing during this hour will attract wealth and success, marking the start of the new Hindu financial year, known as Samvat 2081.
Is Diwali Muhurat Trading on October 31 or November 1?
While Diwali is celebrated on October 31, 2024, the Trading Muhurat is scheduled for November 1, 2024. This special practice allows traders to engage in trading while celebrating the festival. Traders need to keep this date and time in mind to take part in this auspicious event.
Diwali 2024 Muhurat Trading Timings
This year, the Diwali Trading Muhurat will happen on Friday, November 1, 2024, from 6:00 PM to 7:00 PM. Below are the important timings for the trading sessions on that day:
| Diwali Muhurat Trading 2024 date | Friday, November 1 |
|---|---|
| Pre-Open Session | 17:45 hrs 18:00 hrs |
| Normal Market Trading | 18:00 hrs 19:00 hrs |
| Block Deal Session | 17:30 hrs 17:45 hrs |
| Special Pre-Open Session (For IPO & Relisted Securities) | 17:45 hrs 18:30 hrs |
| Normal Market Open Time for Special Pre-Open Session | 18:45 hrs 19:00 hrs |
| Call Auction Illiquid Session | 18:05 hrs 18:50 hrs |
| Closing Session | 19:10 hrs 19:20 hrs |
| Trade Modification Cut-Off Time | 18:00 hrs 19:30 hrs |
During this hour, traders actively buy stocks and commodities, believing they bring good fortune and signify new beginnings. The pre-opening session allows investors to get ready for the trading session, which is particularly important as regular markets will be closed on Diwali.
What Happens During Muhurat Trading?
On a special day during Diwali, the NSE and BSE allow trading for a limited period, usually lasting one hour. During Muhurat Trading, you can trade in various segments, such as equities, equity derivatives, Securities Lending and Borrowing (SLB), currency derivatives, commodity derivatives, and Electronic Gold Receipts (EGR).
Typically, the session is divided as follows:
- Block Deal Session: In this session, two parties agree on a fixed price to buy or sell a security and notify the stock exchange about the trade.
- Pre-Open Session: This is when the stock exchange sets the opening prices for the market.
- Normal Market Session: This one-hour period is when most trading takes place.
- Closing Session: Here, traders and investors can place orders at the closing price of the market.
The Significance of Muhurat Trading
Muhurat trading is not only about financial gain; it also represents hope and new beginnings. Many traders see it as a chance to start afresh and make meaningful investments while seeking the blessings of Goddess Lakshmi, who is associated with wealth. The belief is that trading during this auspicious hour increases the chances of accumulating wealth throughout the year, making it a cherished tradition among Indian investors.
Diwali Muhurat Trading session for 2024 will take place on November 1, offering a unique opportunity for investors to celebrate the start of the new financial year with optimism. As we prepare for this important event, understanding the timings and traditions connected to it can help traders make informed choices and enjoy the festive spirit of Diwali.
Happy Diwali 2024 WhatsApp status
- With the shining of diyas and the echoes of the chants, may the prosperity and happiness of this festival of lights fill our lives on this auspicious day. Shubh Deepavali to you and your family.
- Shine like sparkles, glow like candles and burn all the negativity like crackles. Wish you all a very lovely & cheerful Diwali.
- All the lights of the world cannot be compared even to a ray of the inner light of the self. Merge yourself in this light and enjoy the festival of lights.
- May your life get fulfilled with prosperity, success, wisdom and wealth. Wishing you a Happy Diwali!
- I pray all your happiness and blessings are multiplied by God in this festival of lights. I wish you a happy Diwali- Have a safe and sound Diwali.
- Diyas are here to help you light up your life, decorations to help you beautify and make all your problems disappear, and sweets to add that special something to your life. We wish you a joyous Diwali.
- Light diyas and have good food with your loved ones. Happy Diwali!
- May the millions of lamps of Diwali illuminate your life with happiness, joy, peace, and health. Wish you and your family a very prosperous Diwali.
Heartfelt Diwali wishes for everyone
- Wishing you a Diwali filled with endless joy, love, and peace. May every lamp you light bring warmth into your heart and every firework spark a new dream for the year ahead. Happy Diwali to you and all those dear to you!
- This Diwali, may the lights guide your path, the sweets fill your days with sweetness, and the celebrations bring you closer to those you love. May you find prosperity in all you do and be surrounded by warmth and joy. Have a wonderful Diwali!
- Sending you and your family a Diwali filled with endless happiness, laughter, and memorable moments. May the festival of lights shine brightly in your life and bring you closer to the dreams you've held dear. Happy Diwali, with love and warmth!
- May this Diwali mark the beginning of new adventures, cherished memories, and boundless blessings for you and your loved ones. Here¡¯s to a Diwali that¡¯s filled with light, laughter, and everything that makes you smile. Have a beautiful celebration!
- Wishing you a Diwali that brings hope into every corner of your life and strength to overcome any challenges you face. May each lamp be a reminder of the love and joy that surround you. Have a Diwali filled with happiness and peace!
- This Diwali, I pray that the joy of the festival brings you inner peace, contentment, and a heart full of love. May your days be filled with the warmth of family, the company of friends, and endless reasons to smile. Happy Diwali to you and your loved ones!
- Happy Diwali! May this festival of lights illuminate your life with love, prosperity, and health. May the bond of the family grow stronger, and may happiness find its way to your home every day. Sending you endless Diwali blessings and warmth!
- As you celebrate this Diwali, may the light of the lamps bring brightness into your days, and may the laughter of loved ones fill your home. Here¡¯s to a festival that brings you all you wish for and a year filled with success and love. Happy Diwali!
- Wishing you a Diwali that¡¯s as joyous as it is peaceful. May every candle you light bring warmth, may every sparkler bring you joy, and may you be surrounded by the people who make your heart feel full. Happy Diwali, my dear!
- This Diwali, may the light of every diya bring with it good fortune, and may the love of family and friends surround you. May your dreams be ignited like the brightest firework, and may you find happiness in every moment. Have a magical and beautiful Diwali!
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