Diwali Muhurat Trading 2022: Diwali, the festival of lights across the country on October 24, 2022 (Diwali 2022), festival will be celebrated. The festival of Diwali is very special for the stock market and its investors. The stock market, however, remains closed due to Diwali. But after the worship of Goddess Lakshmi on the evening of Diwali, Muhurat trading on Diwali in the market (Diwali Muhurat Trading), it occurs. Let us tell you in detail what happens in Muhurta trading and why it is considered very auspicious.
1 hour trading on diwali
On October 24, 2022, on the day of Diwali, a special trading session will be organized in the stock market, which is called Muhurat Trading 2022. On the special occasion of Muhurta trading, trading takes place in the stock market for only one hour. Investors investing in the stock market invest in the market in Muhurta trading. The tradition of investing in Muhurta trading is considered very special and auspicious. Muhurta trading will take place in the market on the day of Diwali on October 24, 2022. Muhurta trading can be done in the evening from 6.15 to 7.15 minutes. There will be a pre-open trading session from 6 pm to 6.10 pm which is always held before the opening of the stock market. Investing in the market on the day of Diwali is considered very auspicious. The investor only wishes that the stock market remains bullish throughout the year. In Muhurta trading, investors are not focused on selling, rather they buy in good stocks from the point of view of investment.
Muhurta trading is very auspicious
The custom of Muhurta trading has been going on in the stock market for years on Diwali. Diwali But investing is considered very auspicious. On the day of Muhurta trading, investors focus less on trading in the market and more on investing. Muhurta trading is going to be very special this year. The festival of Dhanteras is falling on Saturday. Due to which investors will not be able to buy shares in the market these days. Investors also buy shares on Dhanteras. That is why it is believed that this year there is going to be a lot of excitement in the market on Muhurta trading. Ganesh-Lakshmi is worshiped first in the stock market on the day of Muhurta trading. Members of the stock exchange participate in this puja.
Huge volatility in the market in the last one year
Last year on November 4, 2021, the day of Muhurta trading was great for the stock market. Sensex closed above 60 thousand. Sensex was at 60,067 points and Nifty was at 17,921. However, during the last one year, there has been a lot of volatility in the stock market due to inflation, Russia-Ukraine war, costly debt, weakness in currency and rise in crude oil. Sensex is currently down 1,000 points from last Muhurta trading and Nifty is trading 435 points down.
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