Blog: National Holiday in Stock Market for Diwali and Especially Market for an Hour
đĒ Blog: National Holiday in Stock Market for Diwali and Especially Market for an Hour --- đ English Version Introduction In India, Diwali is more than a festival of lights — it’s a celebration of wealth, prosperity, and new beginnings. For the Indian stock market, this day holds immense cultural and financial significance. Each year, while the markets remain closed for the national holiday, a special one-hour session known as Muhurat Trading takes place in the evening. This unique session marks the symbolic start of the Hindu financial year, invoking blessings from Goddess Lakshmi — the goddess of wealth. --- What Is Muhurat Trading? The word Muhurat means “auspicious time.” Both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) schedule this one-hour session to mark Diwali. Even though the day is officially a holiday, markets open for an hour in the evening to allow traders to perform symbolic trades for prosperity. --- Why Does the Market Open for an Hou...