Diwali will be celebrated on October 20th, the following Monday, in some parts of the country, while it will be celebrated on October 21st, Tuesday. If you're confused about the Diwali date, you're not alone. However, one date is clear for investors. This year, the stock markets, namely the BSE and NSE, will be closed on October 21st for Diwali Lakshmi Puja. The market will also be closed on Wednesday, October 22nd, for Balipratipada.

Which Day Will Muhurat Trading Be Held?
This year, the stock market will have a one-hour Muhurat trading session on October 21st. This is a special and long-standing tradition. This session will run from 1:45 PM to 2:45 PM. During this time, trading will be possible in equities, futures and options, currency and commodity derivatives, and securities lending and borrowing (SLB). Trading changes can be made until 2:55 PM.

When will Lakshmi Puja be held?
According to the lunar calendar, the Amavasya Tithi will be from the evening of October 20th to October 21st. However, the auspicious time for Lakshmi Puja is on the evening of October 20th. Therefore, Diwali will be celebrated that evening in most homes. The next day, October 21st, marks the beginning of the Hindu New Year, which the stock market will celebrate with a Muhurat trading session.

This time, Muhurat trading will not take place in the evening.
Although Muhurat trading in the stock market has been conducted in the evening for the past few years, this year the Muhurat trading session will take place in the afternoon. Furthermore, the markets will be closed on Saturday, October 18th, and Sunday, October 19th, due to the weekly holiday. Saturday also marks Dhanteras.

A Confluence of Faith and the Market
'Muhurat' means 'auspicious time.' Muhurat trading is not just a market event. For investors, it marks the beginning of the new Hindu financial year, Samvat 2082. This session is seen more as a prayer for hope and prosperity than for profits. This tradition has been going on for decades and has, on most occasions, yielded good returns for investors. The Sensex has closed higher in 14 of the last 18 Muhurat sessions. Even during the global economic crisis in 2008, the Sensex rose 5.86% during this session. In 2024, it also recorded a gain of 335 points, or 0.42%, continuing the festive spirit.

Low Trading Volume
Analysts say that trading volume is low during this one-hour Muhurat trading session, which can lead to higher volatility. However, it is not viewed as a normal trading day. It is a symbolic beginning, when traders, families, and brokers come together to mark a hopeful start to the New Year. This Muhurat trading is not just for the stock market, but is part of a tradition. It shows how our festivals and financial endeavors are intertwined. It is an occasion when people come together to express good hopes for the New Year. This session may be short, but its significance is immense. This shows a unique relationship between trust and the market.

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