We Indians believe a lot in a good date and a good time to do any new work or start fresh for a new year, thus we have Muhurat Trading 2023. As per Hindu Calendar, Diwali Festival is the celebration of the New Year with lights and colors. There is a holiday in the stock market for this day, but the stock market is open just for 1 hour of time to perform the Diwali Muhurat Trading at NSE and BSE.
Muhurat Trading is a trading activity for the Indian Stock Market where exchanges such as NSE and BSE opens the market for trading for a short period of time on the occasion of Diwali Laxmi Pooja. Generally is during the evening and the market stays open for 1 hour of time. The Muhurat Trading Date and Time is notified by Exchanges to the investors a few days before the event.
Muhurat Trading Date and Time is selected as per Hindu Calendar, therefor the date and time change every year. Many investors also chose this date to open the Zero Brokerage Free Demat Account. Check out the details of Muhurat Trading 2022 below and we wish you a very happy and prosperous new year as well as a profit-making new year.
NSE Muhurat Trading 2023 Date and Time
The NSE Diwali Muhurat Trading for the year 2022 will happen on 24th October 2022, Monday. The NSE Muhurat Trading Timing is shown in the table below.
| Pre-Open Muhurat Session | 6:00 PM to 6:08 PM |
| Muhurat Trading Session | 6:15 PM to 7:15 PM |
| Block Deal | 5:45 PM to 6:00 PM |
| Call Auction | 6:20 PM to 7:05 PM |
| Post Closing Muhurat Session | 7:25 PM to 7:35 PM |
| Total Duration For Muhurat Trading | 1 Hour |
BSE Muhurat Trading 2023 Date and Time
The BSE Diwali Muhurat Trading for the year 2022 will happen on 24th October 2022, Monday. The BSE Muhurat Trading Timing is shown in the table below.
| Pre-Open Muhurat Session | 6:00 PM to 6:08 PM |
| Muhurat Trading Session | 6:15 PM to 7:15 PM |
| Block Deal | 5:45 PM to 6:00 PM |
| Call Auction | 6:20 PM to 7:05 PM |
| Post Closing Muhurat Session | 7:25 PM to 7:35 PM |
| Total Duration For Muhurat Trading | 1 Hour |
Muhurat Trading Settlement
There is no special settlement date for the muhurat trading day. The settlement of the stocks will happen together with the next trading day that is 25th October 2022. Therefore, you cannot sell the stock which you have purchased at the muhurat trading, on the next trading day. You can sell the stock only after you get its delivery in your Demat account, which is expected to come by 25th October 2022.
Where To Invest in Diwali Muhurat Trading 2023
There are many types of financial instruments to invest your hard earned money this diwali. We have listed few of them below
- Gold & Silver
Gold, as well as Silver, is the all-time favorite investment option for the Indians. During the last few months, these commodities have given very nice returns to the investors. It is also expected that the prices of this yellow metal are going to rise more in the time ahead. But one must not invest all of his savings here, approx 10-15% investment in gold and silver is considered to be good. - Mutual Funds
Mutual Funds Sahi Hai, If you are new to the market and don’t have enough time to learn and study the market then Mutual Funds are the best option to start the journey. Mutual Funds are best due to their overall returns, flexibility, transparency, and the diversification of the portfolio. You can easily contact us in the messenger below and ask for the best mutual funds to invest in. - Equities
This is the only financial instrument that can give multifold returns. Investing in Equities also brings risk with it. But as said in the Scam 1992: The Harshad Mehta Story, “Risk Hai Toh Ishq Hai“. You must understand the company technically as well as fundamentally and then select the best to invest your money. You must diversify your portfolio into different sectors and also different companies to manage the risk. We have developed an Above Stocks App that helps you with the best and accurate stock recommendation.
Diwali Muhurat Trading 2023 Top Stock Picks
The Stocks Which are added below are the best picks by Above Stocks on the occasion of Samvat 2077 Muhurat Trading.
- Bharti Airtel (Target: 650)
- Yes Bank (Target: 20)
- Kotak Mahendra Bank (Target: 2000)
- Mastek (Target: 1000)
- Infosys (Target: 1300)
- SBI Cards (Target: 950)
- L&T (Target: 1180)
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How to Celebrate Muhurat Trading 2023
Diwali Muhurat Trading is a very important day for investors, traders as well as brokers. Everyone one of us must celebrate this as a festival and we must enter the new Hindu calendar year with great positive energy.
The brokers lighten up their offices with lamps and lighting, even if you can see rangoli at many offices. There are sweets and dry fruits placed on the tables. The staff, as well as the owners, are well dressed in traditional clothes. You can also see the family all around.
They do the Laxmi pooja and expect the upcoming year will bring lots of success and prosperity. On the auspicious occasion of Diwali Muhurat Trading, Many Celebrities of India come to ring the bell in BSE and it has become a tradition nowadays.