Muhurat trading is considered an auspicious time for stock market trading and other financial activities. Investors believe that the 'Muhurat' trading on this day brings wealth, success and prosperity throughout the year and this ritual has been observed for ages by the market trading community.
The Bombay Stock Exchange (BSE) started the Muhurat trading in 1957 and the National Stock Exchange (NSE) began conducting it in 1992.
Domestic markets conduct a special one-hour special trading session on account of Laxmi Pujan on Diwali every year to mark the beginning of the traditional Hindu calendar year, called 'Vikram Samvat'.
Diwali and,