Muhurat Trading Session
Date – November 4
Trading Time – 6.15 p.m. to 7.15 p.m.
For the year 2021, the Muhurat Trading will be conducted on the stock exchanges on 04-November between 6.15 PM and 7.15 PM. The Muhurat trading time is based on astrologically defined auspicious time of the day.
On 04 November, the block deal session will go on for 15 minutes from 5.45 PM till 6 PM. The pre-open session will take place for 8 minutes between 6 PM and 6:08 PM. The pre-open will be the order collection and the order matching period. You would find it interesting to know that all the trades executed in the Diwali Muhurat trading result in settlement obligations.
Considering the highly auspicious planetary conjunctions this Diwali, we can expect the Sensex to hit record highs during the Muhurta trading session.
The trading community has followed the stock trading on this day as part of an old symbolic ritual for more than half a century now. They consider it a good omen to do token trading on this day to propitiate Goddess Lakshmi, the Indian goddess of wealth and prosperity, for her blessings throughout the Samvat year.