Muhurat trading is of great importance for stock market investors. Investors try their luck in this special trading session. If you are also an investor in the stock market, then you will be eagerly waiting for Muhurat trading. Let us tell you that a special 1-hour Muhurat trading will be organized today on the occasion of Diwali. Stock market exchanges have scheduled the Muhurat trading session on November 1 from 6:00 pm to 7:00 pm. Investors should note that all intraday positions will automatically expire 15 minutes before the close of the session. Therefore, if you are preparing for trading, then you will need to make a careful strategy.
Why is Muhurat Trading important?
In India, stock brokers see Diwali as the start of their financial year. Many investors consider buying shares during this period as a way to invite prosperity for the coming year. It is also a time for investors to diversify their portfolios. Historically, the BSE Sensex has closed higher in 13 of the last 17 Muhurat trading days. The BSE Sensex rose the most in 2008, rising 5.86 percent to 9,008.
What should be the strategy in Muhurat trading
Market experts advised focusing on large-cap stocks for Muhurat Trading 2024. At the same time, investing wisely with mid-cap stocks is suggested, as the high valuations of mid or small-cap stocks provide the least margin for safety. According to experts, investors can give preference to sectors like metals, capital goods, healthcare, and large-cap IT today. The time slot of Muhurat Trading will have trading in several segments like equity, commodity derivatives, currency derivatives, equity futures and options, and securities lending and borrowing (SLB).
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