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New Delhi. Muhurat trading, which is a tradition every year in the stock market, will be held on November 1 this time. This year both BSE and NSE will organize a Muhurat trading session on November 1 from 6:00 pm to 7:00 pm. Indian investors consider it an auspicious sign. The purpose behind this tradition is to wish prosperity and good fortune, so this day is used symbolically for investment.
Looking at past data, Muhurat trading sessions have often given positive returns. In the last 10 years, the market has closed with gains 8 times on Muhurat trading days.
Sensex closed in the negative zone only twice in 10 years
in the business of red Muhurat trading. In the last 10 years, Sensex closed in the negative zone only twice in 2016 and 2017. Since 2017, it has been closing in the green zone for 6 consecutive years. The best performance was on the day of Muhurat trading in the year 2022.
2023: 0.55 percent
2022: 0.88 percent
2021: 0.49 percent
2020: 0.45 percent
2019: 0.49 percent
2018: 0.7 percent
2017: −0.6 percent
2016: −0.04 percent
2015: 0.48 percent
2014: 0.24 percent
2013: 0.2 percent
Muhurat Trading: Nifty performance from 2014 to 2023
2023: 0.52 percent
2022: 0.88 percent
2021: 0.5 percent
2020: 0.47 percent
2019: 0.37 percent
2018: 0.7 percent
2017: 0.6 percent
2016: -0.04 percent
2015: 0.5 percent
2014: 0.2 percent
How was the Nifty's movement on the last Muhurat trading?
In the year 2023, Diwali was on November 12 and on this day Nifty closed at 19,525.55 with a gain of 100.20 points or 0.52 percent. Out of 50 stocks of Nifty, 43 performed well.
Muhurat trading was the first
started in 1957 on BSE. Muhurat Trading started on NSE in 1992. Before the advent of electronic demat accounts, traders used to come to the exchanges and participate in muhurat trading.
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