Ready for Muhurat trading on November 1? Sensex finishes Samvat 2080 in style, rockets 22%

Domestic equity benchmarks finished Samvat 2080—the twelvemonth that began connected November 12 (Diwali) arsenic per the lunar Hindu calendar—in style, with the Sensex rallying 14,484.4 points, oregon 22.3 per cent, and the Nifty50 racing 4,755.5 points, oregon 24.5 per cent. Dalal Street bulls present eagerly await the onset of Samvat 2081—the twelvemonth that begins connected Diwali 2024—with a special, one-hour trading league (called the Muhurat trading session) connected November 1. Confused? A Samvat year—or a twelvemonth successful the Vikrami Samvat calendar—begins connected Diwali and ends earlier the adjacent Diwali. 

Multitudes of traders and investors see it auspicious to enactment successful the marketplace during the Muhurat trading session, typically with the anticipation that securities grabbed connected this time volition bring bully luck to their portfolios.

Have you created your ain marketplace playbook for this peculiar time yet? If not, archetypal instrumentality a look astatine however the marketplace has fared since the past Diwali till now.

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