New Delhi: In a time-honored tradition, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India are all set to illuminate the financial world with a special 'Muhurat Trading' session on the auspicious occasion of Diwali. On November 12, as the festival of lights ushers in the New Hindu calendar year, investors and traders will partake in a symbolic trading session that is believed to bring prosperity and financial growth.

This special trading session, scheduled from 6 pm to 7.15 pm, holds immense significance in Indian culture. It begins with a 15-minute pre-market session and marks the onset of the new Samvat, the Hindu calendar year that starts on Diwali. Many believe that trading during this 'muhurat' hour ushers in good fortune, making it an ideal time to initiate new investments.

Market analysts note that while the trading window is open for just one hour, the emphasis is not solely on profitability. Instead, it's more about the symbolism and gesture of starting something new during this sacred time.

During the 'Muhurat Trading,' investors will have the opportunity to participate in various segments, including equity, commodity derivatives, currency derivatives, equity futures & options, and securities lending & borrowing (SLB). This diversity allows a wide range of stakeholders to be part of this unique financial celebration.

While markets are known to be more volatile during this brief trading period, the spirit of Diwali shines through. It's a time for reflection, setting new goals, and embracing new beginnings. Traders and investors see this as an opportunity to sow the seeds of financial growth that will hopefully flourish throughout the year.

As the BSE and NSE prepare to light up the trading floor with the special 'Muhurat Trading' session, investors and traders alike look forward to the symbolic start of the New Year and the promise of prosperity it brings. 

The exchanges will remain closed on November 14 on the occasion of Diwali Balipratipada. /BI/