Thu Oct 31 15:10:28 UTC 2024: ## BSE and NSE to Host Special ‘Muhurat Trading’ Session on Diwali
**Mumbai, October 27, 2024:** The Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) will host a special ‘Muhurat Trading’ session on Diwali, November 1, 2024, from 6:00 PM to 7:00 PM. This tradition, marking the start of the Hindu Vikram Samvat year 2081, is considered auspicious for investors.
The pre-opening session will take place from 5:45 PM to 6:00 PM. Trading will be conducted across various segments including equity, commodity derivatives, currency derivatives, equity futures and options, and Securities Lending and Borrowing (SLB).
Last year, the Sensex closed the Muhurat Trading session at 65,259.45, up 354.77 points (0.55%), while the Nifty gained 100.20 points, ending at 19,525.55. Over the past five years, the market has consistently closed higher during this special session.
“The tradition of Muhurat Trading dates back nearly 68 years,” said a spokesperson for BSE. “It is a significant occasion for investors who believe it signifies a prosperous year ahead.”
**Financial Experts Advise:**
* **Avoid dramatic portfolio changes:** Frequent changes can be detrimental to long-term goals.
* **Track your investments:** It’s crucial to monitor your portfolio, particularly when market trends shift. Consult a financial advisor if needed.
* **Don’t panic during market dips:** Volatility is inherent to the stock market. Avoid selling assets in the midst of downturns, as long-term recovery is likely.
* **Diversify your portfolio:** Spread your investments across different asset classes to mitigate risk.
* **Invest in a basket of stocks:** Invest in multiple stocks to reduce individual stock-specific risk.
This year, Diwali falls on Friday, November 1st. Regular market hours are from 9:00 AM to 3:30 PM, with a pre-market session from 9:00 AM to 9:15 AM.