Continuing a long-standing tradition, the Indian stock market will open for a special one-hour trading session today, popularly known as Muhurat Trading, marking the beginning of Samvat 2083, or the new Hindu financial year.
Considered an auspicious time to invest, the tradition has become a symbol of prosperity, with investors viewing it as an opportunity to usher in wealth and success for their portfolios.
Historically, Muhurat trading sessions have often ended on a positive note, even though trading volumes tend to remain relatively low. The special session witnesses participation from traders, retail investors, and institutional investors alike, reflecting optimism and confidence about the year ahead.
Although trading activity is usually subdued, the session symbolises optimism and confidence in the markets as investors look forward to achieving their financial milestones in the new Samvat year.
The periodic call auction session is scheduled to run from 2:25 pm to 3:20 pm.