Muhurat trading, also known as "Samvat trading," is a special trading session that takes place during Diwali in India. It is an auspicious time to invest in stocks for a prosperous year ahead.
It's a tradition that blends spirituality with financial aspirations, reminding investors to approach the market with wisdom and caution. It is important to remember that stock market decisions should be based on thorough research and analysis. Learn more about the research based stocks in this article.
Sectors and stocks for Muhurat Trading
Global equity markets have experienced uncertainty due to heightened interest rates in the US and geopolitical tensions. However, unlike the Ukraine/Russia conflict, the impact of the current Israel/Palestine situation on global trade, commodities and equities is expected to be limited.
Positive factors such as robust corporate earnings and favourable growth-inflation position India as an exceptional equity investment destination in the medium to long term amidst a challenging global economic environment.
Our one-year Nifty target is 21,500, with a focus on sectors like banks, capital goods, and power. We advise investing in quality companies for long-term wealth growth.
According to our research team the best shares for Muhurat trading 2023 are
- Larsen & Toubro
- Coromandel International
- State Bank of India
- Spandana Sphoorthy Financial
- Bharat Dynamics
- TV Today Network
- Century Plyboards
Muhurat trading 2023 schedule
The Muhurat trading session will take place on Sunday, November 12, 2023, between 6.15 pm and 7.15 pm:
- Block deal session – 5:45 pm to 6:00 pm
- Pre-open session – 6:00 pm to 6:15 pm
- Muhurat trading session – 6:15 pm to 7:15 pm
- Call auction session – 6:20 pm to 7:05 pm
- Closing session – 7:15 pm to 7:25 pm
Recent trends on Muhurat trading 2023
Markets have witnessed gains in the last four Muhurat trading sessions since 2018. BSE’s benchmark index Sensex surged 0.88% in 2022, 0.49% in 2021, 0.45% in 2020, and 0.48% in the 2019 Muhurat trading session.
While Muhurat trading is a much-loved convention among traders and investors, it is prudent to remember that the market can be volatile during this short trading window. Hence, if you seek the best stocks for Muhurat trading, it is advisable to focus on the company’s fundamentals and assess the market sentiment before investing. Approach the session with preparation and due diligence and adhere to risk management practices while trading. It is also imperative to align your Diwali Muhurat trading stocks picks to your unique investment objectives and risk appetite