There will be no Muhurat Trading on this Diwali night, 20th or 21st. Know what day and what time is the favorable time for trading?

This year, Diwali is on Monday, October 20, but the stock market will celebrate it the following day, Tuesday, October 21. There will be normal trading in the stock market on October 20, while Muhurta will be traded for one hour on October 21. However, this time there will be a major change in the Muhurat trading times. Muhurat trading, which usually takes place in the evening on BSE and NSE, will now take place in the afternoon. This time the Muhurta trading session will last for one hour, from 1:45 PM to 2:45 PM. In addition, there will also be a pre-open session from 13:30 to 13:45 for traders to prepare for trading. Note that the stock market will normally trade on October 20. The next day, October 21, the market will be open for Muhurat trade only. The next day, October 22, the business will remain closed on the occasion of Diwali Bali Pratipada. After this, normal trading will start on October 23 in the stock market. Do you want to know more? According to market experts, this time the reason for change in Muhurat trading time in stock market is the end of Kartik Amavasya date. Diwali is celebrated on Kartik Amavasya and this time Kartik Amavasya starts at 3:44 PM on 20 October and ends at 5:54 PM on 21 October. Therefore, the new Muhurat trading time is based on this date. Some market experts say the shift of muhurat trading to afternoon is the result of long-standing demand and an effort to streamline operations. The brokerage industry is trying to convince exchanges, clearing corporations and custodians to consider moving the timing of this session to afternoon. In a letter to the stock exchanges and clearing corporations, brokers demanded that the special Diwali session be shifted to the afternoon or that compliance requirements be relaxed after trading for muhurat trade. This will not be the first time Muhurat trading has taken place before the evening. This will not be the first time that Muhurat trading takes place before the evening; This also happened 13 years ago, in 2012. At that time, the Muhurta trading session was scheduled between 3:45 PM and 5:00 PM. It was also due to favorable timing. Markets are often in the green on auspicious occasions. The one-hour Muhurat trading period allows investors to trade in stocks, derivatives, currencies and SLBs (Securities Lending and Borrowing). Markets often close with gains on this day. In the last 16 years, both the domestic equity benchmark indices, Sensex and Nifty, have closed 13 times higher during this particular session. Last year, in 2024, during the Diwali Muhurta trading session, Sensex closed 335.06 points higher at 79,724.12 and Nifty closed 99 points higher at 24,304.35. Investors see this special session as an opportunity to bring prosperity and success to their portfolio.