Muhurat Trading, a cherished tradition in Indian markets, unfolds this Diwali on November 12, 2023, marking the commencement of Vikram Samvat 2080. This auspicious one-hour session, opening between 6 pm and 7.15 pm, offers investors a unique opportunity to embark on a prosperous financial journey.
Considered an ideal time to initiate new ventures, Diwali Muhurat trading is more than symbolic; it’s a chance to tap into the potential for financial growth throughout the year. Investors believe that trading during this sacred hour brings about prosperity and positive returns.
The strategy for this special session, as highlighted by Harjeet Singh Arora, Managing Director at Mastertrust, emphasizes the historical trend of positive returns in seven out of the past ten Muhurat trading sessions. This optimism is backed by mounting fundamental tailwinds, suggesting that the market’s bullish momentum will likely continue into Vikram Samvat 2080.
For those looking to benefit from this auspicious occasion, Arora recommends a long-term investment perspective in equities. The equity market, he notes, has the potential to deliver phenomenal returns. Diversifying investments in alignment with your risk appetite and original investment plan is key to achieving both short and long-term financial goals.
So, as the Diwali lights illuminate the markets, seize the moment during Muhurat trading to set the stage for a financially prosperous year ahead.